Tugun, Queensland

ABSOLUTE BEACHFRONT MANAGEMENT RIGHTS - HIGH NET PROFIT

$3,800,000

Business Description

Perfectly positioned on the beachfront in the heart of Tugun, this management rights complex is in an outstanding location to attract holiday makers all year round. The Southern Gold Coast is seeing rapid development and this complex is set to benefit greatly due to its prized and unique location.

The building consists of a total of 74 apartments, 42, of which are in the letting pool including 1 external holiday let . The complex has recently undergone a total repaint and swimming pool refurbishment and presents beautifully. To compliment this great business is a wonderful 3-bedroom, 2-bathroom renovated ground floor managers unit, just steps from the beach.

The new owners will appreciate the benefits of the excellent systems that the current owners have in place, all the hard work is done. With long agreements, high net profit, manageable caretaking duties and excellent beachfront residence, this complex will provide the investment and lifestyle you have been looking for.

- Absolute beachfront

- Accommodation Module - long agreements

- High net profit - $527,966

- Reliable mixed letting business

- Recent refurbishments completed

- Flexible management with option for nominee to live onsite

- Manageable caretaking duties with great BC salary

- Outstanding location in the heart of Tugun Village a massive growth suburb

Call now to find out more about this outstanding Gold Coast Management Rights opportunity or to arrange an inspection.

Property Code: 1330

Business Summary

Business Snapshot

Price: $3,800,000 Net Profit: $527,966 Remuneration / Body Corp Salary: $121,922Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Beautiful fully renovated 3-bedroom 2-bathroom apartment, open plan living with front courtyard. 1 car space with generous exclusive use storage areas.

Complex Information

Complex Type: MixedTotal Units in Complex: 74Total Units in Letting Pool: 42Owner Occupy Units: 22Outside Agent Units: 2Lockup Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Absolute beachfront location in the heart of Tugun Village, offering strong year‑round holiday demand and proximity to beach amenities.
2. High net profit of $527,966 against an asking price of $3,800,000, indicating solid return potential.
3. Long accommodation module agreement, 25‑year term with 20 years remaining, providing contractual stability and predictable income.
4. Managers unit is a fully renovated 3‑bedroom, 2‑bathroom ground floor apartment, on title and valued at $1,100,000, enabling onsite residency and asset value.
5. Reliable mixed letting model, 74 total units with 42 in the letting pool plus 1 external holiday let, and 22 owner‑occupier units.
6. Recent full repaint and swimming pool refurbishment, presenting the complex in good condition and reducing immediate capex needs.
7. Comprehensive onsite facilities including pool, spa, sauna, gym, BBQ area, pay TV and WiFi, enhancing guest appeal and letting potential.
8. Manageable caretaking duties with an attractive body corporate salary of $121,922, reviewed annually by CPI.
9. Flexible management structure with option for a nominee to live onsite, supporting operational continuity and lifestyle flexibility.
10. Lockup storage provision with 7 lockup units and additional exclusive use storage for the managers apartment, improving owner and guest convenience.
11. Positioned in a suburb described as a massive growth area on the Southern Gold Coast, suggesting upside from local development and demand increases.

Management Rights Multiplier: 5.11
ROI Estimate: 13.89%