Major Sunshine Coast Complexâ $834K Net, Business Run Under Management | Resort Brokers ID : MR008877
$5,850,000
Permanent Management Rights, MAROOCHYDORE QLD
ResortBrokers is proud to exclusively present a landmark Management Rights opportunity in the heart of Maroochydore.
Comprising 231 apartments, with 87 lots (107 keys) in the letting pool, this business delivers a net profit exceeding $830,000, underpinned by a Body Corporate salary of more than $565,000 and supported by 22-year caretaking and letting agreements.
Run almost entirely under management, the operation functions with outstanding efficiency thanks to experienced staff and well-established systems. There is no requirement to reside on-site, and the managers unit provides additional rental income, adding to the overall appeal.
Importantly, there is further growth potential through 34 externally managed units, as well as additional opportunities in unit sales and short-term letting. With genuine scale, secure income, and a prime CBD-fringe location, this is a rare Sunshine Coast asset ideally suited to extended family teams, high-end operators, or syndicates seeking strong returns and long-term stability.
Act quickly opportunities of this scale are tightly held on the Sunshine Coast and rarely offered to the market.
- Large-scale, permanent Management Rights business
- Net Profit of $830,000, underpinned by BC salary of $565,000
- 231 apartments, 87 lots / 107 keys in the onsite letting pool
- Long-term agreements (22 years) and established systems provide stability and minimal operational risk
- Upside potential through external lettings, unit sales and short-term conversion
- Efficient high-rise design ensures low-maintenance caretaking responsibilities
- No requirement to live onsite, offering flexibility to occupy or rent out the manager's residence
- Prime positioned in Maroochydore's CBD precinct, surrounded by waterways, transport, and lifestyle amenities
- Rare opportunity to acquire a premium, large-scale permanent complex with room to grow
- Inspections are by appointment only
Date updated: 22 Oct 2025 22:00:02
More Information
- Total Purchase Price: $5,850,000
- Net Income: $ 834,032
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?