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: 13 Aug 2026 23:00:04

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: 2

Complex 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
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