Coolangatta, Queensland

Beach front business with growth, incredible residence and lifestyle to boot! | Resort Brokers ID : MR006992

$2,745,000

Property Description

A great income +$310k net, long term agreements, no set office hours, a simply stunning beach front residence and a consistent high performing short term letting business on offer. This is an absolute cracking opportunity to get into one of the hot growth areas on the Gold Coast, with perfect timing to ride the wave of the local tourism boom. This little gem will not disappoint, so book your inspection today



  • Epic beach front location in highly sought after exclusive pocket

  • Solid net +$310k p/a with loads of upside post COVID

  • 23.5 year agreements

  • Incredible 2 bed 2 bath manager's residence with huge entertaining courtyard

  • Consistent letting pool income with growth opportunities

  • Wonderful resort facilities with loads of building upgrades

  • Great group of owners & Body Corporate committee

  • Business is perfectly positioned to make the most of the local tourism boom

  • Great opportunity for 1st timers or lifestyle change

  • Property inspections are by appointment only

Date updated: 08 Dec 2021 09:09:44

Property Summary

Business Snapshot

Price: $2,745,000 Net Profit: $310,500 Remuneration / Body Corp Salary: $68,570

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 32Total Units in Letting Pool: 24Holiday Units: 24Owner Occupy Units: 2Outside Agent Units: 1Lockup Units: 5Agreement Term Remaining: 24 years
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