Exceptional opportunity to acquire a management rights business in one of the Sunshine Coasts most sought-after locations. Sailport Mooloolaba is set in a prime spot overlooking the marina, offering spacious units with stunning water views and a consistent record of strong repeat business.

Delivering a solid net profit of $461,974 per annum, this MLR is a proven performer underpinned by a well-established rental pool comprising 23 units out of 35, easily managed by a two-person team. With no requirement to live on-site and no office hours in the agreements, the managers unit can be included in the letting pool (similar three-bedroom units generate approx. $70,000 per annum). The agreements have also been topped up recently with 23 years to run.

The Sunshine Coast is experiencing significant growth. Mooloolaba remains a premier tourist destination, benefiting from ongoing infrastructure improvements such as the redevelopment of the foreshore and enhanced transport links. Increased investor confidence, coupled with a surge in tourism, has driven strong rental demand. Recent investments, including a $20K upgrade to a new website to drive direct bookings, further enhance the business's potential.

This is a fantastic, low-maintenance opportunity for investors seeking stable cash flow and growth in a dynamic market.

Standout Features:

• No requirement to live onsite
• No office hours
• Prime Mooloolaba location with marina views
• Office and linen store on title
• Long agreements in place - 23 years left to run
• Large BC salary $122,538 p.a.
• Consistent performer with strong repeat business, 58% occupancy, and room for growth with eight units outside the letting pool
• Recently invested $20K in a new website to drive direct bookings

Nett Income: $461,974

Manager's Unit Value: $1,150,000

Remuneration: $122,538+ GST