Tugun, Queensland

ABSOLUTE BEACHFRONT MANAGEMENT RIGHTS - HIGH NET PROFIT

$3,990,000

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, 43 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 - $565,000

- 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: $3,990,000 Net Profit: $565,000 Remuneration / Body Corp Salary: $115,000Body 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: 43Owner Occupy Units: 21Outside 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 position in the heart of Tugun Village, directly fronting the beach.
2. Asking price $3,990,000, net profit $565,000, indicating strong cashflow for the business.
3. Managers apartment valued at $1,100,000, renovated 3 bedroom 2 bathroom ground floor unit, steps from the beach, office on title, pets allowed.
4. Accommodation agreement module with long term security, 25 year agreement originally, 20 years remaining.
5. Mixed complex of 74 apartments, 43 in the letting pool, 21 owner‑occupied, 2 outside agent units, 7 lockup units.
6. Recent total repaint and swimming pool refurbishment, presenting in excellent condition.
7. Comprehensive onsite amenities including pool, spa, sauna, gym, BBQ area, Pay TV and WiFi, supporting holiday letting appeal.
8. Flexible management structure with option for a nominee to live onsite.
9. Manageable caretaking duties with a solid body corporate salary of $115,000, reviewed annually by CPI.
10. Reliable mixed letting business model with one external holiday let, supporting year‑round holiday maker demand in a rapidly developing Southern Gold Coast market.

Management Rights Multiplier: 5.12
ROI Estimate: 19.55%