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Boutique Holiday Business in Coolum Beach

Coolum

Manager's Unit:
2 Bedrooms
1 Bathrooms
-2 Parking

This is a rare opportunity to acquire a well-established, boutique holiday apartment business in the heart of Coolum Beach.

Offering an excellent lifestyle opportunity for a couple looking to manage a holiday complex in a stunning beachside location. With high repeat business and well-maintained facilities, this is a walk-in, ready-to-go operation.

The property is in a prime position, offering guests easy access to a well-known surf beach, the shopping and dining esplanade, and numerous local attractions. The current 63% average occupancy rate leaves plenty of room for growth, presenting a savvy operator with the potential to increase revenue and capitalize on this prime location.

With no set office hours enjoy true flexibility to run the business on your terms. The current owner also manages 2 apartments in an adjacent complex with opportunity to add more to the pool.

Key Highlights
-Net income of over $149k
-23 years remaining on agreements
- No set office hours
-High repeat clientele showing good occupancy all year around.
-Stylishly refurbished managers residence
-All units refurbished to a high standard

Nett Income: $149,526
Manager's Unit Value: $700,000
Remuneration: $40,105

Amenities

  • Swimming Pool
  • Cable TV
  • BBQ Facilities
  • Undercover Parking
  • Opposite Beach
  • Wi-Fi
  • Ocean Views