Beachside Management Rights, Coolangatta
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$3,950,000
Disclosed · AUD
Revenue (est.)
~$2,216,470
Estimated · comparable listings of this type and size
Net Profit
$552,566
Implied multiple
7.1×
asking / earnings
Brief
- Prime beachside location in a tightly held, high-demand Southern Gold Coast area
- Highly supportive body corporate committee
- Low-maintenance building, easily run by a management couple
- High occupancy rate of 86%
- Luxury three-bedroom, two-bathroom, two-car manager's residence with office on title
- Upside to convert outside agent lettings back into the pool
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