Currumbin, Queensland

Wake Up to a Daily Memorable View!!

$2,850,000

Business Description

Wake Up to a Daily Memorable View!!

Lucrative business with perfect lifestyle change.

If you're interested in a lucrative management-rights business that comes wrapped in a coastal life-style change, read on.

This boutique residential and holiday complex is beachside but so close to bushland you know you've found the best of everything in one place. This complex provides enough business to give true meaning to work-life balance. No more rush, rush, rush unless it's to the surf. No more hurrying through the traffic to get to the office. Instead take a gentle wake-up stroll alongside the river or the sea walk. Grab a coffee, watch the sunrise, breathe... exhale.

Just imagine... this is now the start of your 'every day.'

The complex you will manage is the perfect provider for the lifestyle of your dreams. It is what everyone imagines when they look for that ideal sea-change. It starts with the beautifully renovated 3-bedroom, 2-bathroom home with stunning river and ocean views. And the resort facilities include swimming pool, spa, sauna, barbeque and outdoor dining area, and landscaped gardens and grounds.

To arrange an inspection call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $2,850,000 Net Profit: $248,000 Remuneration / Body Corp Salary: $102,000

Managers Unit

Value of Managers Apartment: $1,750,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: MixedTotal Units in Complex: 39Total Units in Letting Pool: 10Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Offered price $2,850,000, net profit $248,000, indicating a cash profit yield of approximately 8.7% on asking price.
2. Stated remuneration/body corporate salary $102,000, giving a combined owner benefit (net profit plus salary) of about $350,000, roughly a 12.3% overall yield.
3. Managers apartment included on title, valued at $1,750,000, providing significant asset backing to the management-rights package.
4. Manager’s residence is a renovated 3 bedroom, 2 bathroom home with single car space, office on title, and river and ocean views, supporting owner-occupier lifestyle appeal.
5. Complex is beachside with adjacent bushland and riverside walking access, reinforcing strong coastal lifestyle and sea-change marketing points.
6. Resort-style facilities include swimming pool, spa, sauna, BBQ and landscaped gardens, enhancing guest appeal and letting credentials.
7. Mixed complex of 36 total units with 10 units in the letting pool, defining the size of the managed revenue stream and scope of letting operations.
8. Agreement term originally 25 years with approximately 23 years remaining, offering long-term operational stability.
9. Pets permitted in the manager’s unit, increasing flexibility for owner-occupiers and potential buyer pool.
10. On-title office ensures secure, permanent on-site operational space for management activities.
11. Boutique scale and holiday/residential mix suggest lower operational complexity compared with larger portfolios, supporting a lifestyle-oriented ownership.
12. Clear lifestyle positioning emphasises work-life balance and walkability to surf, river and coastal amenities, a strong selling point for buyer demographics seeking a sea-change.

Management Rights Multiplier: 4.44
ROI Estimate: 8.70%