Caloundra, Queensland
Bulcock Beach Business Opportunity Awaits You, Business only
Under Contract / Offer
Business Description
Discover remarkable investment opportunity at this enchanting three-level walk-up holiday complex, perfectly situated for both relaxation and adventure! This exceptional property boasts a total of 21 spacious apartments, with 9 short term and 3 permenant lets, currently generating income in the lucrative letting pool. This means you can start maximizing your rental income from day one!
Each generously sized two-bedroom apartment is thoughtfully designed for ultimate comfort and convenience. Enjoy well-equipped kitchens, air conditioning, and ceiling fans—ensuring that guests experience a cozy retreat year-round. Picture yourself sipping your morning coffee on your private balcony, taking in the breathtaking views of the tranquil Pumicestone Passage or the refreshing pool—this is what paradise truly looks like!
The complex is surrounded by beautiful tropical gardens, creating a serene oasis highlighted by a sparkling heated pool and a rejuvenating spa. It’s the perfect atmosphere for guests to unwind and embrace the Sunshine Coast lifestyle. Additionally, the property comes with an Accommodation Module agreement, making management smooth and providing invaluable peace of mind.
For those seeking an active role in management, there’s an enticing option to purchase the Manager’s residence, perfect for those eager to oversee their investment directly.
Conveniently located mere meters from the iconic Bulcock Beach, this complex is an attractive hotspot for holidaymakers. Immerse yourself in the vibrant ambiance of the newly developed multi-million dollar 'Waterfront' boardwalk or take a leisurely stroll to the adjacent Kings Beach—both popular destinations that draw visitors back time and again.
With a robust net profit of $140,692 and an asking price of just $425,000, this alluring holiday complex offers an incredible opportunity for savvy investors looking to dive into the thriving Sunshine Coast real estate market. Seize this chance to transform your dreams into reality and make this fantastic investment yours today! Two options -Business Only- $425,000 or Total business with Unit $1,200,000 .
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $140,692 Remuneration / Body Corp Salary: $36,126
Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 21Total Units in Letting Pool: 12Owner Occupy Units: 4Outside Agent Units: 3Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 24 years
Key Investment Insights
1. 21-apartment, three-level walk-up holiday complex, resort/holiday classification, located on the Sunshine Coast.
2. 12 units actively in the letting pool, comprising nine short-term and three permanent lets, enabling immediate income generation.
3. Net profit of $140,692 with additional remuneration/body corporate salary of $36,126, offering clear current cashflow metrics.
4. Business-only asking price $425,000; optional purchase including a unit and manager’s residence available for $1,200,000.
5. Long-term Accommodation Module agreement in place, 25-year term with 24 years remaining, providing operational stability and transferable management rights.
6. Each unit is a spacious two-bedroom with well-equipped kitchen, air conditioning, ceiling fans and private balcony, supporting strong guest appeal.
7. Signature water and pool views, with many balconies overlooking Pumicestone Passage or the heated pool, enhancing marketability to holidaymakers.
8. Resort amenities include tropical gardens, a sparkling heated pool and a spa, creating a strong leisure offering and guest retention appeal.
9. Option to purchase the manager’s residence, facilitating owner-operator oversight and potential cost savings or improved management control.
10. Prime location mere metres from iconic Bulcock Beach, adjacent to the new multi-million dollar Waterfront boardwalk and within walking distance of Kings Beach, driving high tourist footfall.
11. Complex composition includes four owner-occupy units, three outside agent units and two lockup units, indicating diversified unit usage and potential ancillary income.
12. Proven letting structure and established on-site facilities position the asset as a turnkey holiday accommodation investment with immediate revenue potential.
