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Coolum Beach QLD 4573
Sold on 1 Apr 2022

Coolum Beach QLD 4573

  • Hotel, Motel, Pub & Leisure
  • Sold

PRIME HIGH NET BEACHSIDE RESORT ON QUEENSLAND SUNSHINE COAST | Resort Brokers ID : MR007026

    ResortBrokers are proud to exclusively present this rare opportunity to secure the management rights to this stunning property located directly across from Coolum Beach. The complex features a range of studio/motel, one-bedroom, dual key two-bedroom and one three-bedroom self-contained apartments, many featuring ocean views. Located directly across the road from the patrolled beach and The Coolum Surf Club, minutes from a range of cafes restaurants and shopping precinct makes this an ideal holiday destination.

    Run exclusively under management this business is ready for hands-on operators to take it to the next level. There is a total of 38 units (60 keys) in the manager's letting pool at present. The net income to the end of October 2021 is $568,000 and the Body Corporate remuneration is $103,342.

    - Upside - opportunity to grow letting pool as borders open
    - Prime beachside location in popular beach resort
    - No requirement to reside onsite - studio attached to manager's unti could be included in the letting pool
    - Dual keys for optimum flexibility
    - Solid Body Corporate Remuneration
    - Bundled expenses in place
    - Property inspections are by appointment only

    Property Highlights

    Date Sold1 Apr 2022
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018512473
    Category
    Last updated  3 May 2023
    Map for Coolum Beach QLD 4573

    Property Highlights

    Date Sold1 Apr 2022
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018512473
    Category
    Last updated  3 May 2023
    362 Montague Rd West End QLD 4101

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