This premium property is perfectly situated across from the serene Dicky Beach, providing easy access to local shops and restaurants while maintaining a peaceful ambiance away from the bustling center of Caloundra.

Opposite an unspoilt stretch of sun-drenched white sand. Set amidst landscaped tropical gardens, all apartments feature an open-plan design with large timber decks or private balconies to enjoy the sea breezes. Just a short drive from Caloundra's main attractions, this property is an ideal holiday destination blending relaxation and adventure. The Sunshine Coast is just an hour north of Brisbane, making it a perfect base for a coastal getaway. With local amenities within walking distance, there's no need for a car.

The business comprises 55 units, with 34 in the letting pool, offering a manageable yet profitable operation. Most units are finished to a high standard and are well equipped. Despite the solid returns, there remains potential for growth with additional units available outside the current rental pool.

With long agreements, a large body corporate salary, extensive storage areas, and a spacious 3-bedroom manager's unit this one ticks the boxes. The business is currently run under management, providing room for improvement for a hands-on operator.

Key Highlights

• Prime beachfront location directly opposite Dicky Beach
• Close to major attractions
• Established letting pool with high guest return rates.
• No set office hours
• Large Body Corporate salary
• 24 years remaining on agreements
• Supportive Body Corporate committee

Nett Income: $463,549
Manager's Unit Value: $925,000
Remuneration: $138,941 exc GST