Marcoola, Queensland


Property Description

Beachfront Luxury on the Sunshine Coast | Resort Brokers ID : MR006694

This upscale offering is located beach-side in the town of Seaside, The Town of Seaside is a unique and rare development that offers beach frontage without the busy roads often seen in coastal developments. It comprises traditional beach house architecture reflective of the all-American beach town of Seaside along the northwest coast of Florida. Coupled with the tranquility of Marcoola Beach, the location is extremely special.

The resort featureless 48 upscale apartments many with there own private plunge pools. A number of units in the managers letting pool either have private plunge pools or rooftop spas offering a point of difference from the competition.

  • Longagreements

  • Upscale Managers residence (currently in the holiday letting pool)

  • No requirement to reside onsite

  • No fixed office hours in agreements

  • Upmarket leisure facilities

  • Right opposite popular surf beach

  • Net return expected to surpass $305,000 by end of June 2021

  • Property inspections are by appointment only

Date updated: 14 May 2021 13:00:06

Property Summary

Business Snapshot

Price: $2,357,000 Net Profit: $286,835 Remuneration / Body Corp Salary: $120,783

Managers Unit

Value of Managers Apartment: $780,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 48Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 25Lockup Units: 7Agreement Term Remaining: 23 years

Marketing Agent

Marketing Agency


Glenn Millar


Listing Tools

Property Map

Map Location ( get directions )

Marcoola, Queensland 4564 Exact map location not provided

Similar Properties