Palm Beach, Queensland

Absolute Beachfront MR $479k Net Profit, $248k Salary, 24 Year Agreements | Resort Brokers ID : MR009254

$3,615,000

Business Description

Currumbin Sands presents a substantial mixed-use management rights opportunity on the absolute beachfront at Palm Beach. The business generates a robust net profit exceeding $479,000, supported by a body corporate salary of $248,111, delivering strong returns.

This substantial 125-unit complex features 40 lots in the letting pool, comprising 24 holiday units and 16 permanent tenancies, creating diversified income streams with 24 years remaining on agreements offering exceptional long-term security.

The business operates with remarkable flexibility, requiring no fixed office hours. The ground floor manager's unit offers three bedrooms, two bathrooms, and one car space, with no onsite residency obligation, allowing for nominee arrangements or potential rental income from the manager's unit.

The beachfront location provides direct sand and ocean access, enhancing the lifestyle appeal, positioning the property within one of the Gold Coast's most desirable coastal precincts.

The combination of strong financials, operational flexibility, long tenure and beachfront positioning creates a compelling proposition for experienced operators seeking a substantial coastal management rights business.

- Generates a robust net profit exceeding $479k, complemented by a body corporate salary of $248k+
- Absolute Beachfront position with direct sand and ocean access to the pristine sands of Palm Beach
- A BC approved nominee can reside on site providing operational flexibilityGround floor 3 bedroom, 2 bathroom, 1 car manager’s unit plus office/reception on title
- No set office hours, property can be run by a two-person full time team with contractors for caretaking
- Currently run under management with an experienced onsite manager of 12+ years happy to stay on
- Supportive body corporate committee and 24 years remaining on agreements
- Significant growth potential via converting (15 x lockups and 18 x outside lets) into the letting pool
- Inspection by appointment only
Date updated: 11 Jun 2026 23:00:02

Business Summary