Tugun, Queensland

MANAGEMENT RIGHTS FOR SALE - ABSOLUTE BEACHFRONT SOUTHERN GOLD COAST

SOLD

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: SOLD Net Profit: $240,063 Remuneration / Body Corp Salary: $7,716,012Business Value: $800,000Body 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

AI generated. Confirm details with the seller.

1. Absolute beachfront Southern Gold Coast location with direct beach access and ocean views from every unit.
2. Established holiday complex generating stated net income of $240,063, with repeat holiday bookings supporting consistent income.
3. Management rights include a well presented three bedroom, two bathroom managers apartment with two car spaces and ocean views.
4. Complex amenities include a swimming pool, spa, BBQ area, secure underground parking and WiFi.
5. Caretaking duties are described as easy, supporting a manageable operational model.
6. Holiday letting pool comprises 16 units within a 42 unit complex, with potential to expand the letting pool.
7. The business has a 25 year accommodation agreement with 19 years remaining.
8. Tugun offers access to the M1, Gold Coast Airport, local schools, cafes and uncrowded surf breaks.
9. The complex includes an exclusive use office, while pets are permitted.
10. The listed business value is $800,000 and the managers apartment is valued at $1,050,000.

Management Rights Multiplier: 3.33
ROI Estimate: 12.98%