COOLUM BEACH

For Sale

$1,229,970

One of Australia's fastest growing regions.

A combination of income streams + location makes this MR business very attractive in one of Australia’s fastest growing and beautiful regions.

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 $194,000 also includes $6,000 pa caretaking salary for the neighbouring resort and over $20,000 pa from renting a commercial space near the reception and salary of $44,851.

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.

BUSINESS SNAPSHOT

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

CONTACT

Rossina Gall

[email protected]

CONFIDENTIALITY AGREEMENT GOVERNING ALL BUSINESSES LISTED WITH RAAS MANAGEMENT RIGHTS

In consideration of RAAS (being any or all of RAAS Property Group Pty Ltd and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by RAAS, We/I hereby agree and undertake as follows:

To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by RAAS;
Not to make an approach to the Vendor of any business disclosed to me by RAAS, or the business’ staff, customers or suppliers without prior arrangement with RAAS and to refer all queries through RAAS;
We acknowledge that RAAS is the introducing broker, and that all offers and deposits for the business, shares or property will be conducted through that office.
If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to RAAS Property Group as the case may be;
If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify RAAS against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.
That all information is received for no other purpose than the evaluation of the investment potential of the business;
If I decide not to proceed with the investment, I agree to immediately return to RAAS all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
the relevant Act for the State or Territory including but not limited to (Electronic Transactions Act 2000 No 8 (NSW), Electronic Transactions (Victoria) Act 2000, Electronic Transactions (Qld) Act 2001, Electronic Transactions Act 2011 (WA), Electronic Communications Act 2000 (SA), Electronic Transactions (Northern Territory) Act 2000, Electronic Transactions Act 2000 (Tas), Electronic Transactions Act 2001 (ACT)

By checking this box, you are agreeing to abide by the terms of our Confidentiality Agreement.

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