Tugun, Queensland

Oceanfront Serenity and Beauty!!

$3,800,000

Business Description

Oceanfront Serenity and Beauty!!

This Complex is so close to the beach – simply cross the pathway and enjoy not only the breath-taking ocean views but all the activities the ocean and beach has to offer. This complex is situated at one of the Gold Coast’s most beautiful beaches.

No need for additional travel as everything is practically on this complex’s doorstop, from cafes, restaurants, bars and parks to supermarkets, tavern and surf lifesaving club.

The complex amenities include luxury fully self-contained apartments, a large outdoor heated pool, spa, sauna, gym, 2 BBQ areas for entertaining pleasure, and the choose of either poolside or relaxing in amongst the tropical landscaped gardens. Patrolled beaches and free underground secure parking are what makes this complex one of the best choices as evidenced by the number of returning guests.

An already industry valued spacious 3-bedroom, 2-bathroom manager’s apartment. A spacious lounge with glimpses of the ocean. Large separate back office and reception on title. Secure parking and ample storage. Long term agreements, with flexible living arrangements by way of a nominee appointment.

To arrange an inspection please call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $3,800,000 Net Profit: $527,900 Remuneration / Body Corp Salary: $115,900

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: MixedTotal Units in Complex: 74Total Units in Letting Pool: 41Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Listed price $3,800,000, net profit $565,000, indicating strong operating earnings.
2. Manager remuneration or body corporate salary $115,900, providing established on‑site management income.
3. Manager’s apartment on title valued at $1,100,000, three bedrooms, two bathrooms, one car space, offering significant owner-occupied asset value.
4. Office and reception on title, plus large separate back office, supporting efficient on-site administration.
5. Prime oceanfront location, directly across the pathway to the beach, with breath-taking views and immediate beach access.
6. Extensive on-site amenities including a large outdoor heated pool, spa, sauna, gym, two BBQ areas, tropical landscaped gardens, and WiFi, enhancing guest appeal.
7. Convenient surrounds with cafes, restaurants, bars, parks, supermarkets, tavern and surf lifesaving club practically on the complex’s doorstop, supporting strong demand.
8. Free underground secure parking and ample storage, important guest and owner conveniences.
9. Complex size 74 units, with 41 units in the letting pool, providing a meaningful revenue base from accommodation operations.
10. Long-term agreements in place, 25-year agreement term with approximately 20 years remaining, and flexible living arrangements via nominee appointment, supporting operational continuity.

Management Rights Multiplier: 5.11
ROI Estimate: 13.89%