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, and the ground floor manager's unit offers three bedrooms, two bathrooms, and one car space.

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
- Ground floor 3 bedroom, 2 bathroom, 1 car manager’s unit plus office/reception on title
- 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: 03 Jul 2026 23:00:02

Business Summary

Business Snapshot

Price: $3,615,000 Net Profit: $479,072 Remuneration / Body Corp Salary: $248,111

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 125Total Units in Letting Pool: 40Owner Occupy Units: 51Outside Agent Units: 18Lockup Units: 15Agreement Term Remaining: 24 years
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