Airlie Beach, Queensland

Whitsundays MLR Goldmine with Views for Days

Under Contract / Offer

Business Description

Fresh to market and delivering strong, verified returns, Airlie Summit Apartments is a premium management rights opportunity nestled in the lush hillside of a National Park above Airlie Beach. With sweeping views over the Coral Sea and Whitsunday Islands, this business offers not only a rock-solid net profit of $278,218 and a confirmed salary of $171,913 but also a lifestyle most only dream of.

The complex consists of 61 apartments—five one-bedroom and 56 two-bedroom residences—spread across seven buildings. Of these, 27 are in the letting pool, comprising a balanced mix of short and long-term rentals. This strategic model allows managers to maximise returns year-round, shifting units to short-term letting during the bustling tourist season. With 24 owner-occupiers and 10 units managed externally, there remains significant scope for further growth of the letting pool.

The manager’s residence is a spacious two-bedroom, two-bathroom unit offering magnificent views and exceptional privacy. It is located on the same title as the separate, conveniently positioned office. Importantly, there are no set office hours in the agreements, offering flexible day-to-day operation.

Recently repainted in 2024 and backed by a scheduled annual washdown program, the complex is immaculately presented and well maintained. With agreements in place until 2047, providing 22 years of tenure, and an already well-performing letting pool in one of Queensland’s most iconic destinations, this is a standout opportunity for lifestyle buyers and seasoned operators alike.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $278,218 Remuneration / Body Corp Salary: $170,000

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 61Total Units in Letting Pool: 27Owner Occupy Units: 24Outside Agent Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Shane Croghan

0418 45....

Ras360

Key Investment Insights

1. The business for sale is Airlie Summit Apartments, a premium management rights opportunity located in the Whitsundays.
2. The complex consists of 61 apartments, with 27 in the letting pool and a mix of short and long-term rentals.
3. The business has a strong net profit of $278,218 and a confirmed salary of $171,913.
4. The manager's residence is a spacious two-bedroom, two-bathroom unit with stunning views and no set office hours.
5. The complex has agreements in place until 2047, providing 22 years of tenure.
6. The complex is well-maintained and recently repainted in 2024.
7. There is significant potential for growth in the letting pool, with 24 owner-occupiers and 10 units managed externally.
8. The location of the complex in the Whitsundays, a popular tourist destination, makes it an attractive opportunity for lifestyle buyers and seasoned operators.
9. The business is being sold by Ras360, a specialist in management rights, motels, hotels, pubs, and parks.
10. The asking price for the business is currently under contract or offer.

Management Rights Multiplier: 3.50
ROI Estimate: 28.54%