Coolangatta Beachfront Management Rights
Management Rights
ActiveHospitality & TourismQueenslandB2C
Asking price
$2,795,000
Disclosed · AUD
Revenue
—
EBITDA (est.)
~$327,027
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~8.5×
Assumed · asking ÷ estimated EBITDA
Brief
- Management rights business directly across from patrolled Rainbow Bay beach
- Complex of 52 fully self-contained 2 and 3 bedroom apartments, 38 in the letting pool
- Facilities include heated swimming pool, children's splash pool, half court tennis and secure undercover parking
- All apartments offer sweeping ocean views with strong year-round occupancy and repeat business
- Near the Coolangatta cafe and restaurant strip
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