Coolangatta, Queensland

Beachfront Coolangatta MR Opportunity | $607K+ Net Profit | Resort Brokers ID : MR009270

$4,335,000

Business Description

Blue C Coolangatta is an established management rights business is positioned in one of Queensland's most resilient short-term accommodation markets, delivering a substantial net operating profit of $607,650 with $224,645 in body corporate remuneration providing financial stability in the current inflationary economic environment.

With 75% occupancy and only four units managed externally, this operation offers immediate returns alongside clear potential for letting pool growth. Current management partners have indicated willingness to remain under new ownership, providing transition support and operational continuity to ensure seamless transition.

The business includes a three-bedroom, two-bathroom manager's unit valued at $1,250,000 plus a separate titled office valued at $170,000, with total real estate holdings of $1,420,000.

This acquisition would suit an experienced operator, sized for a two-person team with minimal additional staffing requirements, making it an efficient and manageable business for a corporate group or owner-operator - looking for a top-tier property.

- Net operating profit of $607,650 including $224,645 body corporate remuneration at 4.8 times multiplier.
- Prime beachfront location directly opposite Coolangatta Beach with resort-style facilities including heated pool, spa, sauna and gymnasium.
- Three-bedroom, two-bathroom manager's apartment with two car spaces plus separate titled office.
- Recently completed internal and external repainting eliminates immediate capital expenditure requirements.
- Experienced management partners willing to remain under new ownership to support transition.
- Short-term holiday letting model provides operational flexibility and revenue optimisation potential.
- 93 apartments across one, two, three and four-bedroom configurations with ocean and hinterland views.
- Separate titled office valued at $170,000 included in manager's real estate package.
- Inspection by appointment only.
Date updated: 27 Jul 2026 23:00:02

Business Summary