Currumbin Sands presents a substantial mixed-use management rights opportunity on the absolute beachfront at Palm Beach. The business generates a robust net profit exceeding $479,000, supported by a body corporate salary of $248,111, delivering strong returns.
This substantial 125-unit complex features 40 lots in the letting pool, comprising 24 holiday units and 16 permanent tenancies, creating diversified income streams with 24 years remaining on agreements offering exceptional long-term security.
The business operates with remarkable flexibility, requiring no fixed office hours. The ground floor manager's unit offers three bedrooms, two bathrooms, and one car space, with no onsite residency obligation, allowing for nominee arrangements or potential rental income from the manager's unit.
The beachfront location provides direct sand and ocean access, enhancing the lifestyle appeal, positioning the property within one of the Gold Coast's most desirable coastal precincts.
The combination of strong financials, operational flexibility, long tenure and beachfront positioning creates a compelling proposition for experienced operators seeking a substantial coastal management rights business.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au