Alexandra Headland, Queensland
Luxury Beachfront Resort with Panoramic Ocean Views – Prime Alexandra Headland Location!
$2,090,000
Business Description
Perched atop Alexandra Headland and directly overlooking Alex Heads Beach, this exceptional 4.5-star resort offers an unbeatable 5-star location. Featuring 28 spacious apartments, each with expansive north-facing balconies, the property provides breathtaking panoramic ocean views.
Surrounded by lush tropical gardens, the resort is a sought-after destination for holidaymakers, offering premium accommodation within walking distance of world-class beaches and major Sunshine Coast attractions.
The resort has a well-established short-term letting pool with a high guest return rate, ensuring strong occupancy and consistent revenue. Additionally, there is an extra rental income stream from two units in an adjacent building. A solid body corporate salary is in place, with room for further business growth. The property has a well-documented maintenance history, reflecting the care and attention given to its upkeep.
With its prime location, stable income, and potential for expansion, this resort presents an excellent opportunity for both first-time operators and experienced management couples looking to step into a thriving coastal business.
Business Summary
Business Snapshot
Price: $2,090,000
Net Profit: $297,752 Remuneration / Body Corp Salary: $60,397
Managers Unit
Value of Managers Apartment: $900,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: YesThe manager’s residence is centrally located within the resort, offering a spacious and airy living space. This well-appointed apartment includes three comfortable bedrooms, with the master featuring a private ensuite. Designed for both comfort and convenience, it boasts a large private balcony, two courtyards ,and air-conditioning throughout. For secure parking and storage, the residence includes an exclusive-use garage, a separate car park, and two generously sized storage areas. The attached reception office is fully air-conditioned, providing a professional and welcoming space for guests while serving as the operational hub of the business. Additional exclusive-use areas further enhance functionality, making this an ideal setup fora smooth and efficient management experience.
Complex Information
Complex Type: HolidayTotal Units in Complex: 28Total Units in Letting Pool: 16Owner Occupy Units: 9Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesGym: YesGames Room: Yes
Key Investment Insights
1. Prime location: The resort is situated in a highly sought-after location, directly overlooking Alex Heads Beach and within walking distance of world-class beaches and major Sunshine Coast attractions.
2. Strong occupancy and consistent revenue: The resort has a well-established short-term letting pool with a high guest return rate, ensuring strong occupancy and consistent revenue.
3. Potential for expansion: The property has potential for further business growth, with two units in an adjacent building providing an extra rental income stream.
4. Well-maintained property: The resort has a well-documented maintenance history, reflecting the care and attention given to its upkeep.
5. Manager's residence: The manager's residence is centrally located within the resort and offers a spacious and well-appointed living space, as well as a professional reception office.
6. Exclusive-use areas: The manager's residence includes exclusive-use areas such as a garage, car park, and storage areas, enhancing functionality and convenience.
7. Solid body corporate salary: The resort has a solid body corporate salary in place, providing a stable income for the managers.
8. Accommodation agreement: The resort operates under an accommodation agreement with a term of 25 years, with 18 years remaining.
9. On-site amenities: The resort offers a range of on-site amenities, including a pool, spa, gym, and games room, enhancing the guest experience and potential for revenue.
10. Ideal for first-time operators or experienced management couples: The resort presents an excellent opportunity for both first-time operators and experienced management couples looking to step into a thriving coastal business.
