PARADISE ON THE BEACH - THE NAME SAYS IT ALL! PRIME BEACHFRONT MLR in PALM COVE

This is management rights with a difference — 29 of the resort’s 34 apartments are included in the sale, together with a one-bedroom manager’s residence, reception, office and operational facilities. In scale, ownership and control, this opportunity is far closer to owning and operating a substantial motel than traditional management rights.

Paradise on the Beach Resort occupies approximately 1,800sqm of absolute beachfront land in Palm Cove, directly opposite the patrolled swimming area and within easy walking distance of the area’s popular dining and entertainment precinct.

With 31 apartments currently in the short-term letting pool, the incoming operator gains significant scale, real estate ownership and body corporate influence. Trading demonstrates strong underlying demand, with approximately $202,000 in peak monthly gross revenue and 98% occupancy achieved in July 2025.

Importantly, the business is currently trading below comparable beachfront properties, providing significant upside through improved occupancy, ADR and revenue management.

With its combination of 29 owned apartments, absolute beachfront positioning and substantial operational infrastructure, Paradise on the Beach Resort presents an exceptional opportunity for experienced management rights operators, motel operators or established accommodation groups.