Maroochydore, Queensland
Fantastic Riverfront Location with dual living potential.
$2,366,158
Business Description
Rare opportunity to acquire a thriving management rights business in the heart of Maroochydore, one of the fastest-growing regions on the Sunshine Coast. With a stable income, this business delivers a strong net profit of $302,246, which is complemented by a large remuneration of $180,626.
Key Highlights:
- Stable Letting Pool – 40 permanent rentals
- Plenty of upside with 28 outside agents
- Long Term security with agreements in place for 21 years
- Resort Style Complex with waterfront location with easy access to stunning beaches, major
shopping precincts, schools, and the Sunshine Coast Airport
- Prime Location
- Potential for dual living
Maroochydore is rapidly transforming into the Sunshine Coast’s premier business and lifestyle hub, thanks to the ongoing development of the new Maroochydore CBD. This multi-billion dollar project is set to drive economic growth, attract new businesses, and increase demand for accommodation, making this an excellent time to invest in a well-established management rights business.
The area already boasts a vibrant mix of cafes, restaurants, and retail outlets, with major infrastructure projects enhancing transport links and lifestyle appeal. With the Sunshine Coast Airport expanding and major businesses relocating to the region, the future for property and tourism in Maroochydore is set to boom!
Unique Manager’s Unit:
The manager’s residence is a spacious four bedroom unit cleverly configured into three separate dwellings, plus an office, offering flexibility for a multi-generational family or potential for additional rental income (approximately $39,000 per year /not included in net profit). There is no requirement for the manager to reside onsite, provided a staff member occupies the unit. The current managers utilise the studio to accommodate a staff member.
With a booming local economy, strong financials, and long-term security, this opportunity is ideal for an owner operator looking to capitalize on Maroochydore’s exciting future
Business Summary
Business Snapshot
Price: $2,366,158
Net Profit: $302,246 Remuneration / Body Corp Salary: $180,626
Managers Unit
Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: NoComplex Information
Complex Type: PermanentTotal Units in Complex: 118Total Units in Letting Pool: 40Owner Occupy Units: 39Outside Agent Units: 28Lockup Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Key Investment Insights
1. Listed price $2,366,158 with strong net profit of $302,246, demonstrating immediate cashflow potential.
2. Large owner remuneration / body corporate salary of $180,626, enhancing total operator earnings.
3. Manager’s four‑bedroom unit configured as three separate dwellings plus office, offering multi‑generational use or circa $39,000 per year additional rental income not included in net profit.
4. Dual living potential explicitly noted, increasing personal or rental flexibility for a new owner.
5. Stable letting pool of 40 permanent rentals within a 118‑unit complex, providing recurring income base.
6. Significant upside via 28 units managed by outside agents, presenting direct growth opportunities to increase fees and revenue.
7. Long‑term contractual security, 25‑year agreement with 21 years remaining, reducing near‑term ownership risk.
8. Resort‑style, riverfront location with easy access to beaches, major shopping precincts, schools and Sunshine Coast Airport, boosting tourism and tenant appeal.
9. Prime position in Maroochydore amid the multi‑billion dollar Maroochydore CBD development, likely to drive future accommodation demand and capital growth.
10. Local infrastructure upgrades and Sunshine Coast Airport expansion, plus migration of major businesses, supporting sustained demand for short and long‑stay accommodation.
11. Owner‑operator suitability highlighted, with operational stability and tangible growth levers for an incoming manager.
