Coolangatta, Queensland

Consistent performing, High Net, Beachside resort - Act Fast! | Resort Brokers ID : MR006584

$2,980,000

Property Description

A perfect opportunity to invest in the hot southern GC market... this high net profit, 25 year agreement resort complex provides a wonderful beachside residence of pure luxury. Time to act is now!



  • $385K net profit

  • 25 year agreements

  • No set office hours

  • Luxury 3 bed, 2 bath, 2 car manager's residence with office on title

  • Easy to manage resort style facilities

  • 100m walk to beach

  • Consistent letting income + performance pre & post COVID

  • Fantastic business in high demand growth area

  • Property inspections are by appointment only

Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $2,980,000 Net Profit: $385,000 Remuneration / Body Corp Salary: $78,016

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 51Total Units in Letting Pool: 25Holiday Units: 25Owner Occupy Units: 21Lockup Units: 5Agreement Term Remaining: 25 years
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