For Sale Exclusive
HUGE OPPORTUNITY IN HIGH NETT BUSINESS
With its prime location and luxurious interiors, this gorgeous resort is one of the finest in Coolum Beach.
There are 67 bright contemporary 2/3 bedroom apartments with nautical-themed decor featuring fully equipped kitchens, living/dining areas and air conditioned throughout. All apartments, 43 of which are in the letting pool, also come with private balconies with most offering sea views.
The beautiful outdoor pool and spa complement the many other amenities which include a gym, tennis court and a games room with a billiard table. Guests have the added delight of an Indian restaurant underneath which is run by seperate management.
Currently trading strongly but still with plenty of room for uplift for the savvy operator. Added to the already successful holiday letting business, there is an as yet untapped highly lucrative opportunity to create an Events/weddings/functions business by utilising the huge exclusive use rooftop area. This comes with, amongst other things, a kitchen, toilets and 7 designated car park spaces. This property is located in a prime position, offering guests easy access to the well-known surf beach, shopping precinct, and numerous local attractions.
The 120sqm refurbished 2b/2b fully air conditioned managers unit comes with a patio large enough to comfortably entertain friends and family and a very generous B.C. salary.
- Stunning location overlooking Coolum Beach and close to all ammenities
- Proximity to all the Sunshine Coasts tourist attractions.
- Solid existing short-term letting pool and high guest return rate
- Generous Body Corporate salary
- Additional business opportunity on partially undercover rooftop with amazing views
Net Income: $ 634,915 (actual)
Remuneration: $ 210,456
Included Real Estate: $ 1,300,000