Tugun, Queensland

MANAGEMENT RIGHTS FOR SALE - ABSOLUTE BEACHFRONT SOUTHERN GOLD COAST

Under Contract / Offer

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: Under Contract / Offer 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 complex, every unit with ocean views, direct beach access.
2. Net income $240,063, advertised as consistent income with strong repeat holiday bookings.
3. Managers apartment included, 3 bedrooms, 2 bathrooms, 2 car spaces, ocean views, value listed at $1,050,000.
4. Exclusive use office for managers, pets permitted in the manager unit.
5. Complex amenities include swimming pool, spa, BBQ area, WiFi, and secure underground parking.
6. Mixed holiday and permanent letting model, current letting pool 16 of 42 units, clear scope to expand the letting pool for revenue growth.
7. Body corporate salary reviewed annually by CPI, providing indexed fee protection.
8. Agreement module accommodation with a 25 year term, 19 years remaining, offering long-term management stability.
9. Low multiplier noted, positioned as an excellent buying opportunity.
10. Easy caretaking duties, implying manageable operational workload.
11. Prime Southern Gold Coast location in Tugun, between Currumbin and Coolangatta, near M1, Gold Coast Airport, and local schools.
12. Ownership mix: 12 owner-occupied units, 3 outside agent units, 10 lockup units, indicating a diverse occupancy profile.

Management Rights Multiplier: 3.33
ROI Estimate: 12.98%