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For Sale Exclusive
Attractive Yields with Plenty of Scope for Uplift
Moffat Beach
Moffat Beach, QLD, 4551
Premier oceanfront property with an outstanding north facing position, directly across the road from one of the best surf beaches in Caloundra on the Sunshine Coast, this blue chip business is close to shops and restaurants but at the quieter end of Caloundra.
With stunning ocean views from every unit due to the unrivaled beachfront location, all of the spacious, tastefully furnished 2 and 3 bedroom apartments are fully self contained with well-equipped kitchens, laundries and 4 m. deep furnished balconies or large patios.
Just a 5 minute drive to Bulcock and all that Caloundra has to offer, this property offers the perfect holiday destination. Relaxation mixes with adventure and nature complements resort lifestyle. Just an hour north of Brisbane, it is the perfect base for a Sunshine Coast escape. Forget the car you won’t need it. You will be able to walk to local shops, cafes and restaurants.
The business is a very manageable size with only 42 units in the building and 28 of these in the letting pool. The majority of the units are finished to a high standard, all are generous in size.
Notwithstanding the consistently solid profits there is still plenty of upside in this business with 10 units outside the current rental pool.
An inspection is a must for those considering a sea and lifestyle change!
With long-standing agreements in place and a stable letting pool, stepping into this business means stepping into a well-oiled machine poised for growth.
Investors will also enjoy attractive yields and strong occupancy rates in this sought-after location. Consistent year on year growth with the opportunity for further growth, this premier beachfront property presents an unparalleled opportunity to the savvy investor.
Key Highlights
• Stunning location overlooking Moffat Beach and close to all ammenities
• Close proximity to Sunshine Coast tourist attractions
• Solid existing short-term letting pool and high guest return rate
• Ideal building for start-up or experienced management
• 28 in the letting pool
• 24 years remaining on agreements
• Body Corporate salary over $103,000 plus GST
• Exceptional visitor appeal with AVG occupancy rate of over 81%
• Historically supportive Body Corporate committee
Nett Income: $455,753
Manager's Unit Value: $1,200,000
Remuneration: $103,710
Amenities
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Spa
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Swimming Pool
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BBQ Facilities
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Undercover Parking
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Sauna
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Lift Access
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Opposite Beach
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Wi-Fi
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Ocean Views
At the centre of the Sunshine Coast region lies a popular area where holiday opportunities are endless. An area that combines the best of all the Sunshine Coast has to offer. This is Maroochy - the area that includes Coolum, Maroochydore, Mooloolaba, Alexandra Headland, and the vast expanse into the Blackall Range. The four surfing beaches of Coolum, Maroochydore, Alexandra Headland and Mooloolaba combine to produce a fantastic holiday destination for families with children of all ages as well as young people looking for adventure. From boutique dining and fast paced shopping outings to relaxing lazes on white, sandy beaches, this area will have you captivated.
The nature of the Management Rights business is one of constant change. If you cannot find what you are looking for please check back often as the site is constantly updated to reflect the listings that we manage.
If you are interested in purchasing Sunshine Coast Management Rights please check listings above and contact us.