Coolum Beach, Queensland
Blue Chip, High Net, Oceanfront Location | Resort Brokers ID : MR009160
$6,945,000
Business Description
This iconic holiday business delivers a rare combination of security, profitability and lifestyle rising 11 storeys above one of the Coast’s most tightly held beachside pockets, the resort comprises 67 spacious, self-contained two and three-bedroom apartments, perfectly aligned with the regions prime, surfside holiday market.
The letting pool over 41 apartments (soon to be 42) maintains consistent occupancy over 80%, generating a solid net operating profit with a body corporate salary of over $200,000, provides reliable foundational income. Average room rates continue their upward trajectory year-on- year, reflecting strong market demand for this beachside location.
The business benefits from professional onsite management, as the current owner resides elsewhere, which would be a bonus for an investor or purchaser not wanting to reside onsite and operate the business 25-year accommodation module agreements with 21 years remaining.
- Prime ocean facing location with ocean views from most units
- Consistent occupancy over 80%.
- Full resort-style amenities
- Over $200,000 BC salary
- Solid net operating profit
- Additional revenue potential – ask us how
- Inspections by appointment only
- Confidentiality conditions apply
Date updated: 12 May 2026 23:00:03
Business Summary
Business Snapshot
Price: $6,945,000
Net Profit: $940,149 Remuneration / Body Corp Salary: $239,549
Managers Unit
Value of Managers Apartment: $1,495,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 67Total Units in Letting Pool: 42Owner Occupy Units: 8Outside Agent Units: 2Lockup Units: 14Agreement Term Remaining: 21 years