An exceptional investment opportunity awaits in the heart of Coolangatta, one of the Gold Coast's most sought-after beachfront destinations. Situated directly opposite the iconic Coolangatta Beach, this well-established holiday resort delivers consistent returns, strong growth potential, and unmatched lifestyle appeal.
This premier complex boasts 140 fully self-contained two- and three-bedroom apartments, including a luxurious four-bedroom penthouse. A healthy letting pool of 53 units ensures a reliable and ongoing income stream.
Guests enjoy first-class amenities such as heated pool and spa, sauna, tennis court, BBQ area, and games room, making this a top choice for holidaymakers and a strong performer year-round.
The business is supported by streamlined operations and a dedicated team of long-term, experienced staff, including receptionists, maintenance personnel, and cleaners, all reflected and expensed in the current P&L.
With a strong repeat guest base, a net profit of $857,000, and a solid $245,000 body corporate salary (set to increase in July), this opportunity offers excellent potential for further growth and optimisation under the direction of a savvy operator or syndicate.
Included in the sale is a spacious three-bedroom, two-bathroom + study ground-floor manager's unit.
With high occupancy rates, a strong return on investment, and tremendous upside potential, this is a rare chance to secure one of the Gold Coast's finest management rights businesses.
Opportunities like this don't last, contact Craig today.
Net Profit: $857,512
Property Code: 77
