Currumbin, Queensland

OUTSTANDING BUYING - SOUTHERN GOLD COAST MANAGEMENT RIGHTS

$3,200,000

Business Description

Absolute Beachfront Management Rights for Sale - High Net - Currumbin Beach

This absolute beachfront management rights opportunity at Currumbin Beach delivers a proven high net income, combining strong, consistent returns with an enviable coastal lifestyle.

Positioned in one of the Southern Gold Coast’s most tightly held beachfront locations, this 45-apartment holiday complex enjoys strong guest demand, excellent online reviews, and consistently solid occupancy performance supported by repeat clientele. There are 22 apartments in the letting pool including 9 x 3 bedroom, rare in the Gold Coast Holiday market and a sought after option for families

Caretaking responsibilities are uncomplicated and well-suited to a single operator. The incoming manager may reside in the spacious two-bedroom, two-bathroom manager’s residence or continue with the existing arrangement of a subcontracted onsite caretaker, providing genuine lifestyle flexibility.

This is a well-established management rights business with streamlined operations, supported by experienced staff and efficient systems, making day-to-day management straightforward and scalable.

With more than 23 years remaining on Accommodation Module agreements, the business offers exceptional long-term tenure security. Income is underpinned by a reliable body corporate salary and stable letting pool performance, with additional upside available through the conversion of external letting appointments into the onsite pool.

Key Features

- Absolute beachfront position in tightly held Currumbin Beach

- Proven high net income business

- Flexible lifestyle – option to live offsite

- Simple, well-run operation suited to a single operator

- 45-apartment holiday complex with strong repeat demand

- Stable letting pool with further growth potential

- 23 years remaining on Accommodation Module agreements

- Separate office and reception included on title

- Supportive Body Corporate

- Clear opportunity to increase income through letting pool expansion

- Priced to sell with a 22% ROI on the business

Inspections by appointment only.

Property Code: 291

Business Summary

Business Snapshot

Price: $3,200,000 Net Profit: $500,142 Remuneration / Body Corp Salary: $74,909Business Value: $2,255,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $945,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

2 bedroom 2 bathroom

Complex Information

Complex Type: MixedTotal Units in Complex: 45Total Units in Letting Pool: 22Owner Occupy Units: 17Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Absolute beachfront location at Currumbin Beach, positioned in a tightly held Southern Gold Coast precinct, supporting premium holiday demand.
2. Proven high net income, reported net profit $500,142, business value $2,255,000, listed price $3,200,000, advertised 22% ROI on the business.
3. Strong letting fundamentals, 45-apartment complex with 22 units in the letting pool, consistent occupancy, excellent online reviews, and high repeat clientele.
4. Rare holiday product mix with nine 3‑bedroom apartments, a sought‑after option for families and an advantage in the Gold Coast market.
5. Long‑term tenure security with Accommodation Module agreements in place, 25‑year term originally and 23 years remaining, providing stability for owners.
6. Flexible management model and uncomplicated caretaking, suitable for a single operator or continuation of a subcontracted onsite caretaker, enabling lifestyle flexibility.
7. Manager’s residence is spacious 2 bedroom, 2 bathroom unit valued at $945,000, with one car space, pets permitted, plus office and reception included on title.
8. Operational strength from experienced staff and efficient systems, described as streamlined and scalable for straightforward day‑to‑day management.
9. Clear growth upside, potential to increase income by converting external letting appointments and outside agent units into the onsite letting pool.
10. Resort amenities and supportive body corporate enhance guest appeal, including pool, spa, tennis court, BBQ area, pay TV, WiFi, and annual CPI indexation of body corporate salary.

Management Rights Multiplier: 4.51
ROI Estimate: 15.63%