Tugun, Queensland

GOLD COAST MANAGEMENT RIGHTS FOR SALE - PRIME BEACHFRONT LOCATION

$2,400,000

Business Description

Overview

A fantastic opportunity is being offered by Premier Business Sales to secure one of the few truly absolute beachfront holiday complexes on Queensland’s stunning Southern Gold Coast. This well-established management rights business offers direct beach access, with every unit boasting uninterrupted North Facing Ocean views — a major drawcard for holidaymakers. Located just minutes from the Gold Coast airport, the complex is perfectly positioned for guests. The new managers can enjoy the benefits of no set office hours, a generous body corporate salary and a very nicely renovated ground floor unit. Current owners are ready to move on after a decade in this beautiful complex.

Key Features

- Great Body Corporate salary

- Prime Gold Coast beachfront location

- No set office hours

- Net Income $277,354

- Potential to increase letting pool

- Strong tourism demand

Location

Tugun is a relaxed, beachside suburb on the Southern Gold Coast, offering uncrowded beaches, a friendly village atmosphere, and easy access to everything you need. Just minutes from the airport and major transport routes, it strikes the perfect balance between coastal tranquillity and convenience. With a strong community, local cafés, and stunning natural surrounds, Tugun is ideal for those seeking a laid-back lifestyle with long-term value.

Call now to inspect this beautiful property.

Property Code: 673

Business Summary

Business Snapshot

Price: $2,400,000 Net Profit: $277,354 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Renovated 2-bedroom 2-bathroom ground floor unit with private yard and 1 car space.

Complex Information

Complex Type: HolidayTotal Units in Complex: 48Total Units in Letting Pool: 17Owner Occupy Units: 13Outside Agent Units: 8Lockup Units: 9Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 16 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Asking price $2,400,000, net profit $277,354, indicating strong EBIT contribution relative to sale price.
2. Absolute beachfront complex, direct beach access, every unit with uninterrupted north facing ocean views, high guest appeal.
3. Prime Tugun location, minutes from Gold Coast airport and major transport routes, combines coastal tranquillity with convenience.
4. Managers apartment valued at $1,200,000, renovated 2 bedroom 2 bathroom ground floor unit with private yard, 1 car space and pets allowed.
5. No set office hours for managers, offering lifestyle flexibility and reduced time constraints.
6. Body corporate salary paid, reviewed annually by CPI, providing predictable indexed income.
7. Accommodation management agreement 20 years, 16 years remaining, offering long-term contractual security.
8. Current letting pool 17 of 48 units, with clear potential to increase letting pool and grow revenue.
9. Strong tourism demand cited, leveraging beachfront position and Gold Coast visitation.
10. Complex amenities include pool, spa, BBQ area and WiFi, supporting holiday market expectations and guest satisfaction.
11. Small owner-occupy and outside agent presence, 13 owner-occupy units and 8 outside agent units, suggesting management can optimise letting share.
12. Current owners operated for a decade then willing to sell, implying established operations and potential for smooth transition.

Management Rights Multiplier: 4.33
ROI Estimate: 23.11%