Clifton Beach, Queensland
Own The Dream - Business Only Permanent Letting Opportunity Clifton Beach
$650,000
Business Description
Imagine owning a premium management rights business where luxury meets lifestyle, set against the breathtaking backdrop of Clifton Beach, one of Far North Queensland's most coveted coastal destinations.
This represents a rare opportunity to secure business-only management rights in an established, high-quality resort and residential environment that attracts discerning tenants year-round.
It comprises a collection of quality luxury apartments and villas, designed to appeal to discerning tenants. The complex is well maintained, professionally presented, and benefits from consistent demand, due to its location and quality offering.
The business demonstrates a reliable net profit, delivering attractive returns relative to the purchase price.
The business-only structure provides operational flexibility and reduced capital outlay, making this an efficient and scalable investment.
Very well located on the main road into Clifton Beach,this is a very safe and secure part of the Northern Beaches, close to shopping and beaches.
Long-term tenancies make this an easy-to-run operation, and with no real estate tied to the agreement.
A 25 year agreement is in place, with 23 years to run.
The Manager's exclusive use office space is an expansive 50m2, with plumbing installed.
All are long-term tenants, and with the very real opportunity to grow the letting pool.
No real estate on site and no residential obligation, combine to make this a very attractive opportunity.
Clifton Beach is a tightly held coastal market positioned within easy reach of Cairns, the international airport, and major regional attractions including the Great Barrier Reef and the Daintree Rainforest.
Opportunities of this calibre with quality accommodation, proven financial performance, and a prime beachside location are rarely offered to the market.
Business Summary
Business Snapshot
Price: $650,000
Net Profit: $160,369 Remuneration / Body Corp Salary: $124,533Body corp salary review: CPI Annually
Managers Unit
Car Spaces: 1Office: Exclusive UseComplex Information
Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 17Owner Occupy Units: 40Outside Agent Units: 23Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesGym: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
1. Premium business-only management rights for a luxury resort/residential complex at Clifton Beach, a high-demand Far North Queensland coastal location.
2. Strong financials, listed price $650,000 with net profit $160,369, and manager remuneration/body corporate salary $124,533.
3. Business-only structure reduces capital outlay and provides operational flexibility and scalability.
4. Long-term 25 year agreement in place, with 23 years remaining, offering long-dated income security.
5. Body corporate salary reviewed annually by CPI, providing built-in income protection against inflation.
6. Well-maintained, professionally presented complex with quality apartments and villas that attract discerning, year-round tenants.
7. Long-term tenancies predominate, simplifying operations and reducing vacancy risk.
8. Small current letting pool of 17 units out of 80 total units, presenting a tangible growth opportunity to expand management income.
9. No real estate on site and no residential obligation, simplifying owner responsibilities and enhancing investment attractiveness.
10. Manager’s exclusive 50m2 office with plumbing installed and one car space, providing dedicated operational facilities.
11. On-site amenities include pool, gym, BBQ area and WiFi, supporting tenant retention and premium positioning.
12. Highly accessible and appealing location on the main road into Clifton Beach, close to shopping, beaches, Cairns, the international airport, the Great Barrier Reef and the Daintree Rainforest.