ResortBrokers is excited to exclusively present a landmark Management Rights opportunity in the heart of Maroochydore. Comprising 231 apartments, with 87 lots (107 keys) in the letting pool, the business delivers a net profit in excess of $830,000, underpinned by a Body Corporate salary of more than $565,000 and is supported by 22-year caretaking and letting agreements.
Run almost entirely under management, the business operates with exceptional efficiency thanks to experienced staff and well-established systems. There is no requirement to live on-site, with further upside potential through additional rental income from the manager’s unit.
Importantly, there is scope for growth via 34 externally managed units, as well as opportunities in unit sales and short-term letting. With genuine scale, secure income, and a prime CBD-fringe location, this is a rare Sunshine Coast asset ideally suited to extended family teams, high-end operators, or a syndicate seeking strong returns and long-term stability.
Act fast — opportunities of this scale are tightly held on the Sunshine Coast and rarely offered to market.
Interested? Why not give Chenoa Daniel a call on 0403 143 151 or chenoa@resortbrokers.com.au
Or... call Alex Cook on 0467 600 610 or alex@resortbrokers.com.au