Coolangatta, Queensland

MANAGEMENT RIGHTS FOR SALE - BEACHFRONT RAINBOW BAY

$3,335,000

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 $430,497 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, delivering a modernised appearance and long-term value for owners and guests alike.

Key Features:

- Net profit $430,497 per annum

- Prime beachfront building

- Directly opposite Rainbow Bay Beach

- Strong holiday letting demand

- North-facing ocean views

- 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: $3,335,000 Net Profit: $430,497 Remuneration / Body Corp Salary: $64,892Business Value: $1,935,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,400,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Beautiful ground floor spacious 2-bedroom 2-bathroom residence

Complex Information

Complex Type: HolidayTotal Units in Complex: 45Total Units in Letting Pool: 28Owner Occupy Units: 6Outside Agent Units: 1Lockup Units: 10Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesTennis Court: YesBBQ Area: YesPay TV: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $430,497 per annum supports a substantial established management rights investment.
2. Prime beachfront position directly opposite Rainbow Bay Beach enhances the property's holiday accommodation appeal.
3. The holiday complex comprises 45 units, with 28 currently within the letting pool.
4. A 10 year agreement term remains, providing long term operational tenure.
5. The manager's residence is a spacious ground floor two bedroom, two bathroom apartment with one car space.
6. Recently replaced windows and doors provide a modernised building presentation and upgraded infrastructure.
7. North facing ocean views, surf breaks, coastal paths, cafés and restaurants strengthen the location's lifestyle appeal.
8. Complex facilities include a swimming pool, tennis court, BBQ area and pay television.
9. The business includes an exclusive use office and pets are permitted.
10. The salary or body corporate remuneration is $64,892, with annual CPI review.
11. Six owner occupied, ten lockup and one outside agent unit provide a varied complex composition.

Management Rights Multiplier: 4.49
ROI Estimate: 12.91%