Tugun, Queensland

MANAGEMENT RIGHTS FOR SALE - ABSOLUTE BEACHFRONT SOUTHERN GOLD COAST

$1,850,000

Business Description

Premier business sales are offering a rare opportunity to secure the management rights of a well-established, absolute beachfront complex in the heart of the Southern Gold Coast.

Key Investment Features:

- Absolute Beachfront Location

- Holiday and permanent Letting

- Every unit has ocean views

- Easy caretaking duties

- Consistent income strong repeat holiday bookings

- Net income $240,063

- Generous Body Corporate salary

- Growth potential – expand letting pool

- Excellent buying with Low Multiplier

Managers Unit

Includes a sought after 3 bedroom 2 bathroom 2 car spaces apartment with ocean views. The complex offers a beautifully maintained Swimming Pool, Spa and BBQ Area. There is secure underground parking and direct beach access.

Lifestyle Opportunity

Nestled between Currumbin and Coolangatta 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.

Don’t miss this chance to live and earn on the beachfront – one of the rare true beachfront management rights opportunities on the Gold Coast.

Property Code: 164

Business Summary

Business Snapshot

Price: $1,850,000 Net Profit: $240,063 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes

Well presented 3 bedroom 2 bathroom 2 car spaces with beautiful ocean views

Complex Information

Complex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 16Owner Occupy Units: 12Outside Agent Units: 3Lockup Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Absolute beachfront location in Tugun, every unit has ocean views, with direct beach access and secure underground parking, enhancing appeal to holiday and permanent guests.
2. Net income of $240,063 on an asking price of $1,850,000, implying a net yield of approximately 13% for buyers.
3. Manager’s apartment included, valued at $1,050,000, three bedrooms, two bathrooms, two car spaces, exclusive use office, pets allowed, offering significant owner-occupied asset value.
4. Long-term accommodation management agreement, 25 year term with 19 years remaining, providing income stability and transferable contractual rights.
5. Established holiday complex of 42 units, with 16 currently in the letting pool, indicating clear opportunity to increase revenue by expanding the letting pool.
6. Consistent income with strong repeat holiday bookings, signalling reliable seasonal demand and occupancy.
7. Low multiplier and described as excellent buying, suggesting favourable price relative to earnings and potential upside for an investor.
8. Easy caretaking duties and generous Body Corporate salary with annual CPI review, reducing operational complexity and preserving income growth.
9. On-site facilities include a well maintained swimming pool, spa, BBQ area and WiFi, supporting premium holiday rates and guest satisfaction.
10. Prime southern Gold Coast location between Currumbin and Coolangatta, close to the M1, Gold Coast Airport and top local schools, boosting year-round appeal to holidaymakers, families and relocators.

Management Rights Multiplier: 3.33
ROI Estimate: 30.01%