Coolangatta, Queensland
MANAGEMENT RIGHTS FOR SALE - BEACHFRONT RAINBOW BAY
$3,400,000
Business Description
Rarely does an opportunity of this calibre become available in the highly sought-after beachside suburb of Rainbow Bay. Located directly opposite one of the Gold Coast's most iconic beaches, this established management rights business offers the perfect combination of strong financial performance, secure income, and an enviable coastal lifestyle.
Generating a net profit of $445,081 per annum, this well-performing holiday accommodation business benefits from a prime beachfront position, strong guest demand, and a proven track record of consistent returns. The property's stunning north-facing ocean views and proximity to world-famous surf breaks, coastal walking paths, cafés, and restaurants make it a highly desirable destination for holidaymakers year-round.
Included in the offering is a comfortable 2-bedroom, 2-bathroom ground-floor manager's residence, providing convenient onsite living in one of the Gold Coast's most tightly held locations.
Further enhancing the asset, the building has recently undergone a significant upgrade, including the replacement of all windows and doors, painting of the building and new lifts, delivering a modernised appearance and long-term value for owners and guests alike.
Key Features:
- Net profit $445,081 per annum
- Prime beachfront building
- Directly opposite Rainbow Bay Beach
- Strong holiday letting demand
- $1.5m in forward bookings
- North-facing ocean views from every unit
- 2-bedroom, 2-bathroom manager's residence
- Recently upgraded building with new windows and doors
- Secure lifestyle and investment opportunity
- Highly sought-after Southern Gold Coast location
Opportunities to acquire beachfront management rights in Rainbow Bay are exceptionally rare. Whether you are an experienced operator, investor, or lifestyle buyer seeking a profitable Gold Coast management rights business, this outstanding offering deserves your immediate attention.
Property Code: 118
Business Summary
Business Snapshot
Price: $3,400,000
Net Profit: $445,081 Remuneration / Body Corp Salary: $64,892Business Value: $2,000,000Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $1,400,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: YesBeautiful ground floor spacious 2-bedroom 2-bathroom residence
Complex Information
Complex Type: HolidayTotal Units in Complex: 45Total Units in Letting Pool: 28Owner Occupy Units: 4Outside Agent Units: 2Lockup Units: 11Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesTennis Court: YesBBQ Area: YesPay TV: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Established holiday accommodation management rights business generating net profit of $445,081 per annum.
2. Strong holiday letting demand supported by $1.5 million in forward bookings.
3. Annual body corporate salary of $64,892 with annual CPI reviews.
4. Management agreement has 10 years remaining under the Standard Module.
5. Prime beachfront position directly opposite Rainbow Bay Beach in the sought after Southern Gold Coast.
6. Every unit enjoys north facing ocean views, with surf breaks, coastal walks, cafés and restaurants nearby.
7. Letting pool comprises 28 units within a 45 unit holiday complex.
8. Recent building upgrades include replacement windows and doors, exterior painting and new lifts.
9. Included manager’s residence offers two bedrooms, two bathrooms, ground floor living, one car space and an exclusive use office.
10. Guest facilities include a pool, tennis court, BBQ area and pay TV.
Management Rights Multiplier: 4.49
ROI Estimate: 13.09%
