16 / 7-13 Beach Road, Coolum Beach, Queensland

Earn Over $200,000 per year

$1,229,970

Business Description

Only 100m to Coolum Beach Surf Club and generating Over $200,000 Nett per year from a combination of income streams.
Make one of Australia’s fastest growing and beautiful regions your home.

Although the owners can live off site, they enjoy the superb location, of their beautifully renovated two-bedroom apartment complete with white plantation shutters, and gourmet kitchen with granite bench tops. As soon as you walk in, there is an instant relaxed coastal vibe.

Walk to Coolum Surf Club, central and plenty of opportunity..

Seconds from a pristine patrolled beach and surf club, Coolum Beach Resort is central to everything you need for a relaxed beach holiday, and close to kilometres of decked coastal walkways and famous Mt Coolum.

The business NETT Profit of over $200,000 includes caretaking salary of $44,851. On top of this the current owners earn an additional $6,000 pa care taking salary for the neighbouring resort and over $20,000 pa for renting commercial space near the reception.

The two-bedroom apartment could also be rented out for an additional income.

There is also a huge lockable storage room in the basement.

Coolum Beach is only 10 minutes from the Sunshine Coast Airport servicing flights between 12 domestic destinations through four different airlines.

International flights direct to Auckland with Air New Zealand return from 25 June until 15 October.

An easy drive from Brisbane, the Coolum Beach Resort has good repeat business from the "drive market" as well as holiday makers from interstate and overseas.

To take your next steps, please feel free to call today.

Business Summary

Business Snapshot

Price: $1,229,970 Net Profit: $205,000 Remuneration / Body Corp Salary: $44,851

Managers Unit

Value of Managers Apartment: $598,000Bedrooms: 2Bathrooms: 1Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 15Total Units in Letting Pool: 12Owner Occupy Units: 1Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Marketing Agent
Rossina Gall
Rossina Gall

Key Investment Insights

1. Prime location only 100m from Coolum Beach Surf Club
2. Generating over $200,000 Nett per year from multiple income streams
3. Beautifully renovated two-bedroom apartment with white plantation shutters and gourmet kitchen
4. Instant relaxed coastal vibe upon entering the apartment
5. Walking distance to Coolum Surf Club and central area
6. Seconds from a pristine patrolled beach and surf club
7. Close to kilometres of decked coastal walkways and famous Mt Coolum
8. Additional income from caretaking salary for neighboring resort and renting commercial space
9. Potential for additional income by renting out the two-bedroom apartment
10. Huge lockable storage room in the basement
11. Easy access to Sunshine Coast Airport and international flights to Auckland
12. Good repeat business from "drive market" and holiday makers from interstate and overseas
13. Managers unit valued at $598,000 with 2 bedrooms, 1 bathroom, and 2 car spaces
14. Resort/holiday complex with 15 total units and 12 in the letting pool
15. Long agreement term of 25 years with 21 years remaining.

Management Rights Multiplier: 3.08
ROI Estimate: 32.44%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Well Located Complex
Ras360
Well Located Complex

SINNAMON PARK

$1,268,000

Net Income: $147,000
Managers Estate: $695,000 3 Bed 2 Bath
Letting Pool: 59
Remuneration: $99,807

Modern Easy-Care Permanent Management Rights | Resort Brokers ID : MR008251
ResortBrokers
Modern Easy-Care Permanent Management...

SOUTHPORT

$1,329,896

Net Income: $151,088
Managers Estate: $650,000 2 Bed 2 Bath
Letting Pool: 50
Remuneration: $67,333

KANGAROO POINT'S MOST DESIRABLE PERMANENT COMPLEX | Resort Brokers ID : MR008148
ResortBrokers
KANGAROO POINT'S MOST DESIRABLE PERMANENT...

KANGAROO POINT

$1,265,115

Net Income: $126,046
Managers Estate: $950,000 2 Bed 2 Bath
Letting Pool: 49
Remuneration: $110,834

REMARKABLE BUSINESS OPPORTUNITY !!
1 Agency
REMARKABLE BUSINESS OPPORTUNITY !!

NEWPORT

$1,372,000

Net Income: $245,000
Managers Estate: - - Bed - Bath
Letting Pool: 124
Remuneration:

Mermaid Beach - Lifestyle by the Beach
Hotel Resort Sales
Mermaid Beach - Lifestyle by the Beach

MERMAID BEACH

$1,170,000

Net Income: $127,493
Managers Estate: $795,000 2 Bed 2 Bath
Letting Pool: 21
Remuneration: $41,917

Live and Work Beachside Surfers Paradise
Hotel Resort Sales
Live and Work Beachside Surfers Paradise

SURFERS PARADISE

$1,150,000

Net Income: $130,716
Managers Estate: $610,000 2 Bed 2 Bath
Letting Pool: 20
Remuneration: $54,781

Exclusive - Outstanding Modern Complex Caretaking Only - ID 9121
Enticing Business Opportunity
Well-established CBD Hotel with Gaming & Accommodation - 1P6039
ACCOMMODATION & TOURISM BUSINESS FOR SALE IN CAPE TRIBULATION - 2820MF
Multi-award winning resort - Tweed Byron Hinterland FHGC | Resort Brokers ID : FH008315
Absolute Beachfront Resort Complex
Waterfront Property within Resort
Drouin Motel - 1P6044
Small Permanent Complex in Southport - ID 8381
Beautiful Redlands Area
Absolute Beachfront Management Rights - ID 8767
Acquire Prime Beachfront Resort, held for a decade, netting over $450,000 | Resort Brokers ID : MR008302
FIRST TIME AVAILABLE IN A DECADE! PRIME LARGE SCALE BRISBANE CBD MIXED-USE MLR! | Resort Brokers ID : MR008299
Outstanding Investment in the Thriving Tourism Industry of Tropical North Queensland - 2835BF
ESTABLISHED BUSINESS-ONLY MANAGEMENT RIGHTS IN COASTAL NSW | Resort Brokers ID : MRB008288
CARETAKING ONLY EASY TO RUN BUSINESS - START SMALL TO BUILD BIG! | Resort Brokers ID : MRC008287
Ocean Views Motel, Lakes Entrance VIC - 1P0297
Huge Remuneration and Small Letting Permanent MR in Brisbane West