Coolum Beach, Queensland

Coolum Beach icon

$2,700,000

Business Description

Perfectly positioned with views to Coolum Beach, this superb short-term holiday resort business is a management rights icon.
Nett Profit: $320,000 and easily managed for the true beach lifestyle, this complex will be purchased by the first to inspect

Fantastic 3 bedroom, 2 bathroom manager’s apartment with adjoining office, balcony, and storage areas galore.
Facilities include a 25 metre heated pool, mini golf, steam room and children's playground.
Stroll to Coolum beach, restaurants, and shops, or enjoy a swim and sunset on 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.

Don't miss this chance to secure a once only opportunity in one of Queensland’s most in-demand destinations.

Business Summary

Business Snapshot

Price: $2,700,000 Net Profit: $320,000 Remuneration / Body Corp Salary: $75,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex 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

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

1. Prime Coolum Beach location with direct views to the beach, seconds from sand, restaurants and shops, strong tourist appeal.
2. Established short-term holiday resort with recognised management rights, described as an icon in the area.
3. Net profit $320,000 with asking price $2,700,000, indicating clear operating earnings for valuation.
4. Managers apartment valued at $1,200,000, three bedrooms, two bathrooms, adjoining on-title office, balcony, extensive storage and one car space.
5. Manager remuneration via body corporate salary $75,000, reviewed annually by CPI, providing predictable cash component.
6. High-quality onsite facilities including a 25 metre heated pool, mini golf, steam room/sauna, BBQ area and children’s playground, enhancing guest experience and rate potential.
7. Complex scale 32 units, 26 in the letting pool, with three owner-occupy units, one outside agent and one lockup unit, implying stable pool size and limited external competition.
8. Long-term agreement structure, 25 year term with 24 years remaining, offers operational security for incoming manager/owner.
9. Manager’s apartment is pet friendly, supporting longer stays or managers with pets and adding tenant flexibility.
10. Clear growth opportunities identified, including dynamic pricing, strengthened direct booking channels and social media marketing, to lift occupancy and average daily rates.

Management Rights Multiplier: 4.69
ROI Estimate: 21.33%