Coolangatta, Queensland

Seaside Bliss: Manage Your Dream at Coolangatta's Premier Management Rights Opportunity!

$800k MR & $875k Unit = Total $1.675M

Business Description

Nestled on the Southern Gold Coast, overlooking one of the world's premier surfing beaches, this rare north-facing location is a favorite holiday spot for families and surfing enthusiasts alike. The Gold Coast's enviable climate and frequent surfing events at Rainbow Bay ensure consistently high occupancy rates, with a large portion of guests returning year after year. This well-managed business features 24 units, with 18 available for rentals and an established cleaning staff.

The majority of units boast high-quality finishes, generous sizes, and stunning bay views. The building is impeccably maintained, offering amenities such as an exclusive office/reception area, swimming pool, spa, and ample storage for surf equipment—reflecting its close ties to the surfing community. Collaborative management rights operators foster a supportive and sociable environment, promoting Rainbow Bay together.

Prospective managers will receive comprehensive training from the outgoing team. The manager's residence is a bright, airy unit with a sprawling, private yard—perfect for families or pet owners seeking a coastal lifestyle change. This unique property must be seen to fully appreciate its appeal!

- Net Profit: $199k
- Business Price: $800k @ 4.01x
- Unit Price: $875k
- Total Price: $1.675M
- 19 years remaining on Accommodation module

** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

Business Summary

Business Snapshot

Price: $800k MR & $875k Unit = Total $1.675M Net Profit: $199,278 Remuneration / Body Corp Salary: $40,478

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 24Total Units in Letting Pool: 18Owner Occupy Units: 4Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 19 years

Marketing Agent

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

1. Prime location on the Southern Gold Coast, overlooking a world-renowned surfing beach.
2. Consistently high occupancy rates due to the desirable climate and frequent surfing events in the area.
3. Well-managed business with 24 units, 18 of which are available for rentals.
4. Established cleaning staff in place.
5. Majority of units feature high-quality finishes, generous sizes, and stunning bay views.
6. Impeccably maintained building with amenities such as an office/reception area, swimming pool, spa, and storage for surf equipment.
7. Collaborative management rights operators foster a supportive and sociable environment.
8. Comprehensive training provided by outgoing team.
9. Manager's residence is a spacious unit with a private yard, perfect for families or pet owners.
10. Net profit of $199k and a total price of $1.675M.
11. 19 years remaining on the Accommodation module.
12. Ras360 Property Solutions specializes in management rights, motels, hotels, pubs, and parks.

Management Rights Multiplier: 4.01
ROI Estimate: 24.91%