Only 100m to Coolum Beach Surf Club and generating Over $200,000 Nett per year from a combination of income streams.
Make one of Australia’s fastest growing and beautiful regions your home.
Although the owners can live off site, they enjoy the superb location, of their beautifully renovated two-bedroom apartment complete with white plantation shutters, and gourmet kitchen with granite bench tops. As soon as you walk in, there is an instant relaxed coastal vibe.
Walk to Coolum Surf Club, central and plenty of opportunity..
Seconds from a pristine patrolled beach and surf club, Coolum Beach Resort is central to everything you need for a relaxed beach holiday, and close to kilometres of decked coastal walkways and famous Mt Coolum.
The business NETT Profit of over $200,000 includes caretaking salary of $44,851. On top of this the current owners earn an additional $6,000 pa care taking salary for the neighbouring resort and over $20,000 pa for renting commercial space near the reception.
The two-bedroom apartment could also be rented out for an additional income.
There is also a huge lockable storage room in the basement.
Coolum Beach is only 10 minutes from the Sunshine Coast Airport servicing flights between 12 domestic destinations through four different airlines.
International flights direct to Auckland with Air New Zealand return from 25 June until 15 October.
An easy drive from Brisbane, the Coolum Beach Resort has good repeat business from the "drive market" as well as holiday makers from interstate and overseas.
To take your next steps, please feel free to call today.
Financials
Body Corporate Salary: $44,851
Management Unit
Management Unit Price: 598000
Complex Overview
Complex Type / Module: Resort
Total Units Inside Letting Pool: 12
Total Units in Complex: 15
Holiday Units: 12
Owner Occupied: 1
Agreement Term: 25
Years to Run: 21