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. Absolute beachfront position with direct access to golden sands and uninterrupted ocean views in Tugun on the Southern Gold Coast.
2. Established management rights generating $205,000 net profit with $83,529 remuneration and body corporate salary.
3. Long 25 year accommodation agreement, with 22 years remaining, provides extended operational tenure.
4. Fully renovated spacious two bedroom, two bathroom manager’s residence with two car spaces and private ground floor location.
5. Low maintenance operation supported by a well maintained building and supportive body corporate.
6. No requirement to live onsite provides additional flexibility for the incoming operator.
7. Complex amenities include a pool, tennis court, BBQ area and WiFi, supporting holiday accommodation appeal.
8. Tugun offers beachside living, cafes, uncrowded surf breaks, community atmosphere, M1 access and proximity to Gold Coast Airport.
9. Established complex comprises 35 units, including 18 in the letting pool and 11 owner occupied units.
10. Office is on title, while pets are permitted within the manager’s apartment.
11. Growth location with a strong year on year performing business and established holiday accommodation presence.

Management Rights Multiplier: 3.98
ROI Estimate: 11.45%