FOR SALE
$1,675,000

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Coolangatta QLD 4225

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Seaside Bliss: Manage Your Dream at Coolangatta's Premier Management Rights Opportunity!

Nestled on the Southern Gold Coast, overlooking one of the world's premier surfing beaches, this rare north-facing location is a favorite holiday spot for families and surfing enthusiasts alike. The Gold Coast's enviable climate and frequent surfing events at Rainbow Bay ensure consistently high occupancy rates, with a large portion of guests returning year after year. This well-managed business features 24 units, with 18 available for rentals and an established cleaning staff.
The majority of units boast high-quality finishes, generous sizes, and stunning bay views. The building is impeccably maintained, offering amenities such as an exclusive office/reception area, swimming pool, spa, and ample storage for surf equipment—reflecting its close ties to the surfing community. Collaborative management rights operators foster a supportive and sociable environment, promoting Rainbow Bay together.
Prospective managers will receive comprehensive training from the outgoing team. The manager's residence is a bright, airy unit with a sprawling, private yard—perfect for families or pet owners seeking a coastal lifestyle change. This unique property must be seen to fully appreciate its appeal!
- Net Profit: $199k
- Business Price: $800k @ 4.01x
- Unit Price: $875k
- Total Price: $1.675M
- 19 years remaining on Accommodation module
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

Property Details for Contact Agent For Address, Coolangatta

Building Type
Commercial

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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2011 was 5,192 people. By 2016 the population was 5,959 showing a population growth of 14.8% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation. In 2011, 44.9% of the homes in Coolangatta were owner-occupied compared with 48.2% in 2016.

Coolangatta has 6,179 properties. Over the last 5 years, Houses in Coolangatta have seen a 97.34% increase in median value, while Units have seen a 105.93% increase. As at 30 November 2024:

  • The median value for Houses in Coolangatta is $1,544,748 while the median value for Units is $1,263,087.
  • Houses have a median rent of $700 while Units have a median rent of $715.
There are currently 59 properties listed for sale, and 33 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Kerrie Lush
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RAAS Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.