Maroochydore is one of Australia's most desirable coastal locations and the Beachfront Towers on Aerodrome Road is one of the most desirable vacation properties.
The Management Rights for the 44-unit complex are now on offer, presenting excellent lifestyle and business opportunities.
Chenoa Daniel from ResortBrokers said the property was situated in a prime location right next to the beach, offering excellent beachfront views and a desirable setting.
“The vendors are highly motivated, with room for business expansion and growth, allowing for further potential and increased profitability,” Ms Daniel said.
“Beachfront Towers exhibits a high return on investment (ROI) of 18.5%, with a reasonably priced manager’s unit, presenting a compelling value proposition for buyers.”
Ms Daniel said the property presented as a “perfect investment”, pointing out that it was a prime beachfront location, with neatly appointed self-contained apartments, exceptional on-site amenities, and an outstanding return on investment.
The property has a body corporate salary of $104,723 and shows a net profit of $357,632.
There is a strong customer base and growth potential via the letting pool.
An experienced team is also on hand to assist with the transition for new owners.
Beachfront Towers has a comfortable two-bedroom managers unit valued at $565,000.
The Management Rights are on offer for $1,924,000.
There are 44 units at Beachfront Towers, with 24 in the letting pool, and 21 years remain on the agreement.
Maroochydore is not only a gorgeous holiday location but a major commercial area of the Sunshine Coast, with major shopping precincts located in the central business district.
It is also a venue for major surf sport events.
Beachfront Towers offers spectacular ocean views from spacious, self-contained apartments, with fully-equipped kitchens and laundry facilities. The majority of apartments are air-conditioned.
The property is just 30 metres from the beautiful Maroochydore beach which is great for swimming, fishing, and surfing.
The property has two lifts, secure parking, a large outdoor heated swimming pool, sauna, and games room, as well as barbecues by the pool and on the roof top.
A bus stop is nearby, along with numerous restaurants and surf clubs, two children’s playgrounds and a skate bowl.
The Sunshine Coast has 100km of coastline and a lush, sprawling hinterland, with almost unlimited attractions and activities to choose from.
Maroochydore is at the heart of one of the most beautiful areas in Australia. Not only does it offer some of the best beaches in the world, but nearby are stunning, pristine natural environments including the Glass House Mountains, and major attractions such as the late Steve Irwin’s Australia Zoo, the SEA LIFE Sunshine Coast underwater adventure, the Maleny Botanic Gardens and Bird World, along with the Aussie World theme park.
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