Coolum Beach, Queensland
Coolum Beach Icon With ROI 23.8% and Long Agreements
$2,690,000
Business Description
Perfectly positioned with views to Coolum Beach, this superb short-term holiday resort business is a management rights icon.
Nett Profit: $357,000 and easily managed for the true beach lifestyle, this complex will be purchased by the first to inspect
Fantastic 3 bed, 2 bath managers apt with adjoining office, balcony and storage areas galore.
Stroll to Coolum beach, restaurants, and shops or enjoy a swim and sunset at the golden shores, just seconds away.
This business already performs strongly, but there's room to grow. Boost occupancy and average daily rates by leveraging dynamic pricing strategies, enhancing your direct booking presence, social media presence, and refining your marketing approach to capture even more of Coolum's holiday market.
Some thoughts for the investor:
Price $2,690,000 with nett profit $357,000, indicating a strong current return on investment.
Manager remuneration and body corporate salary $75,000 exclusive of GST, with annual CPI review, providing indexed income stability.
Valuable on-title managers apartment valued at $1,140,000, three bedrooms, two bathrooms, adjoining office, balcony, abundant storage, one car space and pets permitted.
Long management agreement in place, 25 year term with 24 years remaining, offering secured recurring income and operational continuity.
Compact 32-unit holiday complex with 26 units in the letting pool, enabling meaningful revenue scale while remaining manageable.
High-appeal beachfront location with direct views to Coolum Beach, steps to sand, restaurants and shops, supporting strong demand and premium rates.
Resort facilities including a 25 metre heated pool, mini golf, steam room/sauna, children's playground and BBQ area, enhancing guest experience and rate justification.
Existing strong performance with clear growth opportunities through dynamic pricing, direct booking optimisation and enhanced social media and marketing strategies.
Accommodation agreement module already structured for holiday lettings, simplifying operational compliance and guest management.
Limited external competition within the complex, only one outside agent and three owner-occupy units, aiding consistent pool availability.
Practical lifestyle business, described as easily managed for a beach lifestyle, likely attractive to owner-operators seeking worklife balance.
Positioned as a once-only opportunity in a high-demand Queensland destination, likely to attract quick purchaser interest.
ROI Estimate: 23.8%
Don't miss this chance to secure a once only opportunity in one of Queensland's most in-demand destinations.
Contact Alex today to arrange a confidential discussion or private inspection.
Business Summary
Business Snapshot
Price: $2,690,000
Net Profit: $357,000 Remuneration / Body Corp Salary: $75,000Business Value: $1,550,000Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $1,140,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: YesComplex Information
Complex Type: HolidayTotal Units in Complex: 32Total Units in Letting Pool: 26Owner Occupy Units: 3Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSauna: YesBBQ Area: Yes
Key Investment Insights
1. Listed price $2,690,000 with nett profit $357,000, implying a strong current return on investment, ROI estimated at 23.8%.
2. Long 25 year management agreement in place with 24 years remaining, providing secured recurring income and operational continuity.
3. Manager remuneration and body corporate salary $75,000 exclusive of GST, indexed annually by CPI, offering predictable income escalation.
4. Valuable on-title managers apartment valued at $1,140,000, three bedrooms, two bathrooms, adjoining office, balcony, abundant storage, one car space, pets permitted.
5. Compact 32-unit holiday complex with 26 units in the letting pool, enabling meaningful revenue scale while remaining manageable for owner-operators.
6. Prime beachfront location with direct views to Coolum Beach, steps to sand, restaurants and shops, supporting strong demand and premium rates.
7. Resort facilities including a 25 metre heated pool, mini golf, steam room/sauna, children’s playground and BBQ area, enhancing guest experience and rate justification.
8. Existing strong performance with clear upside, specifically through dynamic pricing, direct booking optimisation and improved social media and marketing strategies.
9. Accommodation agreement module already structured for holiday lettings, simplifying operational compliance and guest management.
10. Limited external competition within the complex, only one outside agent and three owner-occupy units, aiding consistent pool availability.
11. Business value stated at $1,550,000, indicating separation between business goodwill and managers apartment asset value.
12. Market positioning described as a once-only opportunity in a high-demand Queensland destination, likely to attract quick purchaser interest and suit a lifestyle-focused owner-operator.
Management Rights Multiplier: 4.34
ROI Estimate: 13.27%
