Caloundra, Queensland
Management Rights Opportunity – Tranquil Shores, Caloundra
Under Contract / Offer
Business Description
1Agency Letting & Management Rights is proud to present the management rights to Tranquil Shores, a boutique holiday apartment resort in the heart of Caloundra on the Sunshine Coast.
Highlights:
Prime location overlooking Pumicestone Passage, steps from Bulcock Street & The Waterfront boardwalk
12-apartment letting pool (9 holiday, 3 permanent)
Strong net profit: $140,692
Long 25-year accommodation module agreement (exp. 2049)
Body Corporate remuneration: $33,687 + GST
Business can be purchased as a stand-alone opportunity, with the option to also acquire the manager’s unit if required
️ Facilities include heated pool, spa, BBQ area, secure parking & lush gardens.
Business Price: $450,000
Optional Real Estate: $750,000
Enquiries: Mark McKay – ----------
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $140,692 Remuneration / Body Corp Salary: $6,576
Complex Information
Complex Type: MixedTotal Units in Complex: 21Total Units in Letting Pool: 12Owner Occupy Units: 3Outside Agent Units: 3Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesBBQ Area: Yes
Key Investment Insights
1. Prime waterfront location overlooking Pumicestone Passage, steps from Bulcock Street and The Waterfront boardwalk, strong tourism and leisure appeal.
2. Boutique holiday apartment resort in central Caloundra on the Sunshine Coast, enhancing year‑round visitor demand.
3. 12‑apartment letting pool, comprised of nine holiday units and three permanent units, providing diversified revenue streams.
4. Reported net profit $140,692, indicating solid operating earnings for a small management rights business.
5. Business price $450,000 with optional acquisition of the manager’s unit priced at $750,000, allowing purchase structuring flexibility.
6. Long accommodation module agreement of 25 years, expiring 2049, with approximately 24 years remaining, offering long‑term income stability.
7. Body Corporate remuneration listed at $33,687 plus GST, providing a predictable additional income line.
8. Complex totals 21 units, with three owner‑occupy units, three outside agent units, two lockup units and one manager unit, indicating manageable scale and limited external letting competition.
9. On‑site facilities include a heated pool, spa, BBQ area, secure parking and lush gardens, enhancing guest experience and premium positioning.
10. Option to buy the business as a stand‑alone opportunity or include the manager’s unit, enabling investors to choose asset and cashflow exposure.
