Coolangatta, Queensland

Prime Gold Coast MR with long agreement and repeat clientele

SOLD

Business Description

Fantastic Management Rights opportunity in a prime Gold Coast position, just minutes’ walk to Rainbow Bay and the Twin Towns entertainment complex. This low-stress business suits owners seeking reliable income with genuine lifestyle flexibility, supported by strong repeat clientele and a solid letting pool. With 25 years remaining on the agreement and net income of $190,000 plus, it offers long-term security and a stable return in a booming coastal location.
The complex is presented in immaculate condition and features one of the area’s standout entertainment-style pool zones, enhancing guest appeal and encouraging return stays. Operational requirements are minimal and, importantly, there are no Body Corporate set office hours on the agreement, allowing you to set your own working schedule and run the business around the lifestyle you want.
The efficient two-bedroom, two-bathroom manager’s residence connects directly to the office, creating a practical and secure setup. Security cameras monitor the office, so you are not tied to sitting at a desk unless you choose to be. Secure undercover parking adds convenience for residents and guests alike, and the walk-to-everything position places beaches, dining and entertainment at your doorstep. The residence is also pet-friendly, so bring the dog and enjoy the coastal lifestyle.
Ideal for a single operator with everything in place, or for families seeking a profitable business with flexible oversight options.

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

Business Summary

Business Snapshot

Price: SOLD Net Profit: $190,804 Remuneration / Body Corp Salary: $58,724

Managers Unit

Value of Managers Apartment: $890,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 18Owner Occupy Units: 11Outside Agent Units: 4Lockup Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported net profit of $190,804, with Body Corporate remuneration of $58,724.
2. Management rights agreement has 23 years remaining, according to the business snapshot.
3. Prime Gold Coast location within walking distance of Rainbow Bay, beaches, dining and Twin Towns entertainment complex.
4. Strong repeat clientele and 18 units in the letting pool support established accommodation operations.
5. Minimal operational requirements and no Body Corporate mandated office hours provide scheduling flexibility, suitable for a single operator.
6. Immaculately presented complex features a standout entertainment style pool zone that enhances guest appeal.
7. Pet friendly manager’s residence includes two bedrooms, two bathrooms and a direct connection to the office.
8. Office security cameras support flexible oversight without requiring a constant desk presence.
9. Secure undercover parking provides convenience for residents and guests, with two car spaces allocated to the manager’s apartment.

Management Rights Multiplier: 2.95
ROI Estimate: 13.14%