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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 ID2019207851
Floor AreaAsk Business Broker
Category
Last updated  27 Apr 2024
Map for Coolangatta QLD 4225
Map for Coolangatta QLD 4225Coolangatta QLD 4225

Business Highlights

Business ID2019207851
Floor AreaAsk Business Broker
Category
Last updated  27 Apr 2024

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