Beachside Management Rights, Coolangatta
Management Rights
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$3,390,000
Disclosed · AUD
Revenue (est.)
~$1,878,660
Estimated · comparable listings of this type and size
Net Profit
$468,350
Implied multiple
7.2×
asking / earnings
Brief
- Management rights business at a beachside resort in Coolangatta on the Gold Coast
- 25 units in the short-term letting pool out of 55 total apartments and villas
- 25 years remaining on the accommodation module agreements
- Two-bedroom, two-bathroom manager's residence with office on title
- Premium facilities include pool, gym, sauna and secure underground parking
- Manageable caretaking duties with no set office hours
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