Golden Beach, Queensland

Outstanding ROI of 39.5% on the Business Plus 2.5X Multiplier

$970,000

Business Description

Where business and a beautiful beachfront lifestyle combine.

This beautiful management rights is proudly offered by CBMR Resort Sales.

With an Esplanade Ocean front position at stunning Golden Beach, Caloundra, in the Sunshine Coast, a truly wonderful lifestyle awaits.
It is a small and boutique, easily run letting pool, with no obligation to live on site and new 25-year agreements - this ticks all the boxes.
A 1 / 1.5 person operation allows the operators to enjoy the stunning views and Golden Beach lifestyle just a few steps to the sand and a short walk to an array of restaurants and amenities. Spacious two or three bedroom holiday apartments feature lift access from secure garage, master bedroom with ensuite, second bathroom, full kitchen, lounge and dining area, laundry and huge balconies with spectacular views of Pumicestone Passage, Bribie Island and The Pacific Ocean.

The manager's residence can be let out to generate excellent additional income if desired, or the new manager can enjoy this spacious and well-designed residence, with separate office on title, providing total flexibility of operation.

No set office hours, good body corporate salary (low maintenance grounds) ongoing maintenance scheme, and a stunning location all combine to make this a "must see".

Business Summary

Business Snapshot

Price: $970,000 Net Profit: $95,000 Remuneration / Body Corp Salary: $41,784Business Value: $240,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $730,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

A spacious two-bedroom two-bathroom apartment with separate office and carpark on title.

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 6Owner Occupy Units: 7Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported 39.5% ROI, with $95,000 net profit and $41,784 body corporate remuneration.
2. Prime Esplanade beachfront position at Golden Beach, Caloundra, near restaurants, amenities and the sand.
3. Boutique six apartment letting pool within a 16 unit holiday complex supports a manageable operation.
4. New 25 year agreements provide long term tenure, with remuneration reviewed annually by CPI.
5. Designed for a 1 to 1.5 person operation, with no set office hours and low maintenance grounds.
6. Spacious manager’s two bedroom, two bathroom residence includes separate office and carpark on title.
7. The manager’s residence can be occupied or let to generate additional income, providing operational flexibility.
8. Holiday apartments offer lift access, secure garages, full kitchens, laundries and large views focused balconies.

Management Rights Multiplier: 2.53
ROI Estimate: 9.79%