Accommodation & Tourism business for sale in Coolangatta
- Accommodation & Tourism
- Coolangatta QLD 4225
- $16,500,000 (GST na)
$16.5 Million Beachfront Giant with 2 Luxury Ocean View Units - ID 9140
Mixed Management Rights for Sale
Over $2 Million Net Operating Profit & Includes 2 Retail Offices
- Seize this once-in-decades opportunity to live your best life and earn substantially.
- Enjoy super high body corporate salaries totaling $638,175 plus GST, with CPI adjustments.
- Benefit from more than $2 million in net operating profit.
- Relish beachfront ocean views from modern, deluxe, high-quality buildings.
- Manage a total letting pool of 87 units, including 86 holiday rentals and 1 permanent rental, with 2 lockups, 10 managed by outside agents, and several owner-occupied.
- Achieve a 92% occupancy rate, significantly exceeding the 67% Gold Coast average.
- Rely on more than 15 years of solid foundation laid by the current management team, ensuring everything is in perfect order and operation.
- Gain from two retail commercial offices included in the title, located at street level.
- Own two beachfront luxury modern manager's units, featuring stunning ocean views and high-end finishes.
- Enjoy amenities such as air conditioning, a huge balcony facing the beach, fantastic views, and ample storage.
- Experience a central location with convenient access to restaurants, bars, shops, clubs, beaches, parks, public transport, medical facilities, and pharmacies.
- Enjoy a luxurious beachfront lifestyle while making a significant profit in a beautiful, relaxed environment.
This property represents the real paradise of luxurious coastal life and a wonderful fortune-making business, all available for a total selling price of only $16,500,000. This includes two luxury ocean view apartments for the managers and two commercial retail offices, totaling four lots.
Experience the ultimate in oceanfront beauty, a peaceful environment, and prestigious living combined with the convenience of daily life and flawless operations. This all-in-one package presents a rare opportunity that comes once in decades.
Unparalleled in the best part of the Gold Coast. Live your best life and earn substantially. A perfect blend of luxury oceanfront lifestyle and extremely high income. This is a lifetime opportunity. If you're ready to seize it without waiting another decade, call Bill He at 0439 288 960 NOW.
Net Profit: Over $2,000,000
Asking Price: $16,500,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:
Management Rights Broker
Bill He
Business Highlights
Business ID | 2019207851 |
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Floor Area | Ask Business Broker |
Category | |
Last updated | 27 Apr 2024 |
Business Highlights
Business ID | 2019207851 |
---|---|
Floor Area | Ask Business Broker |
Category | |
Last updated | 27 Apr 2024 |