Tugun, Queensland

ABSOLUTE BEACHFRONT MANAGEMENT RIGHTS

$1,790,000

Business Description

Premier Business Sales are offering to the market the opportunity to live where others holiday and profit from paradise! Dedicated and long-term managers are retiring, presenting an opportunity to purchase the management rights to a highly regarded absolute beachfront holiday complex along with a fully renovated spacious 2-bedroom manager’s residence.

This established management rights boasts an enviable position with direct access to golden sands and ocean views that never get old. A consistent income, long-term agreements, and supportive body corporate make this a dream opportunity.

The building is well maintained and a low-maintenance operation that would suit experienced or first-time operators looking to enter the management rights industry. The apartments offer the ideal blend of lifestyle, real estate, and reliable revenue.

The complex is in the heart of Tugun on the Southern Gold Coast. Tugun offers the perfect blend of beachside serenity and vibrant community living. Known for its uncrowded surf breaks, friendly village atmosphere, and trendy cafes, Tugun is a hidden gem that’s becoming increasingly sought-after by holidaymakers, families, professionals, and retirees alike. With easy access to the M1, Gold Coast Airport, and top local schools, Tugun delivers convenience without compromising on lifestyle.

Highlights:

- Long Agreements

- Growth Location

- Strong Year on Year Performer

- Direct Beach Access

- Fully Renovated Residence

- No Requirement to Live Onsite

- Vibrant Coastal Community

Call now to arrange an inspection!

Property Code: 175

Business Summary

Business Snapshot

Price: $1,790,000 Net Profit: $205,000 Remuneration / Body Corp Salary: $83,529Business Value: $815,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $975,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Spacious 2-bedroom 2-bathroom residence with 2 car spaces located on the ground floor in a quiet private area.

Complex Information

Complex Type: MixedTotal Units in Complex: 35Total Units in Letting Pool: 18Owner Occupy Units: 11Outside Agent Units: 1Lockup Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesTennis Court: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Sale comprises management rights plus a fully renovated 2-bedroom manager’s residence, combined price $1,790,000, with managers apartment valued at $975,000 and business value $815,000.
2. Net profit $205,000, with body corporate remuneration of $83,529 and CPI annual salary reviews, indicating predictable cashflow and indexed income.
3. Long-term security from a 25-year accommodation agreement, with 22 years remaining, supporting stability of earnings.
4. Absolute beachfront location with direct beach access and ocean views, a premium tourism and lifestyle asset.
5. Prime Southern Gold Coast position in Tugun, described as a growth location with easy access to the M1, Gold Coast Airport, and top local schools.
6. Strong year-on-year performer in a vibrant coastal community that attracts holidaymakers, families, professionals and retirees.
7. Low-maintenance, well-maintained building, suited to experienced operators or first-time entrants to management rights.
8. Letting pool scale: 35 total units in complex, 18 units in letting pool, 11 owner-occupy units, 1 outside agent unit, 5 lockup units, indicating a balanced mix of revenue sources and owners.
9. Manager’s residence features 2 bedrooms, 2 bathrooms, 2 car spaces, office on title, pets permitted, ground-floor quiet private position, adding residential appeal and resale value.
10. On-site amenity package includes pool, tennis court, BBQ area and WIFI, supporting holiday lettings and guest satisfaction.
11. No requirement to live onsite, providing operational flexibility for the incoming buyer.
12. Established, long-serving management team retiring now, offering a smooth transition opportunity and potential for continuity in performance.

Management Rights Multiplier: 3.98
ROI Estimate: 11.45%