Tugun, Queensland

MANAGEMENT RIGHTS GOLD COAST - ABSOLUTE BEACHFRONT GEM

$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

- 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: $83,529Body 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

1. Listed price $1,790,000, reported net profit $205,000, with body corporate remuneration $83,529 and CPI annual review, indicating clear financials and indexed income.
2. Management rights include a fully renovated, spacious 2-bedroom, 2-bath manager’s residence valued at $975,000, on-title office, two car spaces, pets permitted, ground-floor private location.
3. Absolute beachfront position with direct beach access and ocean views, offering strong appeal to holidaymakers and premium pricing potential.
4. Long-term agreements in place, 25-year agreement module for accommodation with 22 years remaining, providing contractual stability and predictable revenue.
5. Established, low-maintenance, well-maintained building described as a consistent, strong year-on-year performer, reducing operational risk.
6. Mixed-use complex of 35 units, with 18 units in the letting pool and 11 owner-occupied units, supporting both management income and owner relations.
7. On-site amenities include a pool, tennis court, BBQ area and WiFi, enhancing guest experience and rental competitiveness.
8. Small number of outside/lockup units, one outside agent and five lockup units, suggesting manageable external competition and storage options.
9. Prime Southern Gold Coast location in Tugun, noted for uncrowded surf breaks, trendy cafes and a village atmosphere, increasing year-round demand.
10. Excellent connectivity, with easy access to the M1, Gold Coast Airport and top local schools, broadening guest and resident markets.
11. Opportunity suitable for experienced or first-time operators, with retiring long-term managers enabling an immediate owner-operator transition.
12. Manager’s unit included on title and high intrinsic real estate value creates combined lifestyle and asset investment upside.

Management Rights Multiplier: 3.98
ROI Estimate: 25.15%