Beachfront Management Rights, Coolangatta
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$3,525,000
Disclosed · AUD
Revenue (est.)
~$2,139,495
Estimated · comparable listings of this type and size
Net Profit
$500,000
Implied multiple
7.0×
asking / earnings
Brief
- Management rights of an iconic 91-apartment beachfront complex
- heated outdoor infinity pool, gym, sauna and outdoor dining area
- Spacious reception, entry foyer and back office included on title
- Modern two-bedroom, two-bathroom manager's residence with outdoor courtyard
- No set office hours; upside via tariff increases and consolidating external appointments
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