THIS IS THE ONE - +$850K NET PROFIT, PERFECTED LOCATED GOLD COAST HOLIDAY RESORT | Resort Brokers ID : MR008736

$6,473,000

Resort / Holiday Management Rights, COOLANGATTA QLD

ResortBrokers is privileged to showcase an unparalleled investment opportunity, delivering incredible returns, tightly held for over 10 years, located in one of the Southern Gold Coasts most enviable beachfront destinations.

Underpinned by a net profit of +$857,000 and a solid BC Salary of $245,000, with a strong return on investment, this most certainly presents as a lucrative proposition for either a sophisticated operator or syndicate looking to capitalise on its tremendous upside potential.

An exceptional, long-established holiday resort offering fully self-contained apartments with first-class amenities, it benefits from a solid letting pool of 53 units, boasts an impressive track record of high occupancy rates and loyal repeat guests with high ratings across allmajor booking platforms, providing a consistent and dependable income stream.

The business operates with streamlined processes, supported by a dedicated team of long-tenured staff ensuring a smooth transition for the new owner.

Rarely available, this is your chance to secure one of the Gold Coasts premier businesses in a highly sought-after beachfront location. Its the perfect opportunity for those looking for a high-return on investment in the thriving short-term rental market.

- Exceptional business with exceptional +$857,000 Net Profit
- Body Corporate salary of $245,000, with upcoming CPI increase
- Letting pool of 53 units ensures an ongoing income stream
- Agreements with great history of top ups
- High occupancy rates and a strong repeat guest base
- Efficient operations supported by a skilled, dedicated team
- Sought-after beachfront destination, unmatched lifestyle appeal
- Three-bedroom, two-bathroom + study, ground-floor manager's apartment
- Inspections are by appointment only
Date updated: 14 May 2025 23:00:01

More Information

Financial Overview

Total Purchase Price: $6,473,000
Net Income: $ 857,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,500,000
_{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.}

Letting Business

Letting Pool: 53
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 85
_{Number of units resided in by their owners.}

Lock Ups: 1
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 140
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 244,780
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 10 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set management agreement hours but observe M-F 8.30am-4.30pm Sat/Sun 8.30am-2pm
_{Required Office Hours}

Complex Features: Located overlooking Coolangatta Beach on the Gold Coast, Points North Apartments is a four star self rated property offering two and three bedroom apartments, as well as a luxurious four bedroom penthouse. Each fully self contained apartment features spacious balconies with stunning ocean or hinterland views and the resort features a choice of recreational facilities including a heated pool&spa, childrenâs wading pool, full size tennis court, games room, Sauna, Undercover secure car parking, Tour desk, Choice of restaurants on site, Cinemas on site

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,500,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: 3 bedroom, 2-bathroom + study ground-floor managerâs unit