FOR SALE
Management Rights $5,230,000

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Mount Coolum QLD 4573

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Dual Luxury Surfside MLR Package on Coolum/Marcoola Beachfronts

EXCLUSIVE TO CRE BROKERS. Massive income underpinned by two generous caretaking salaries with short-term letting and permanent letting incomes.
This is the complete MLR opportunity with all the boxes ticked. Both complexes boast ocean beachside position overlooking the glorious sheltered fore-dune boardwalk access to this part of the Sunshine Coast's pristine white sandy beaches.
Mount Coolum features large and impressive as the western backdrop to these impeccable buildings. This MLR package boasts long Accommodation Agreements, beautiful high-end buildings nestled on thoughtfully well-presented grounds.
TOTAL NUMBER OF UNITS: 144
UNITS IN LETTING POOL: 57
COMBINED BC SALARY: $304,502
MANAGERS RESIDENCEs: Residence 1 - three bed two bathroom, two car. Residence 2 - two bed two bathroom, two car
REAL ESTATE PRICE: $2,070,000
BUSINESS PRICE: $3,160,000
TOTAL ASKING PRICE : $5,230,000

Property Details for Contact Agent For Address, Mount Coolum

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Commercial

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About Mount Coolum 4573

The size of Mount Coolum is approximately 5.1 square kilometres. It has 14 parks covering nearly 27.2% of total area. The population of Mount Coolum in 2011 was 3,668 people. By 2016 the population was 4,282 showing a population growth of 16.7% in the area during that time. The predominant age group in Mount Coolum is 40-49 years. Households in Mount Coolum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Coolum work in a professional occupation. In 2011, 62.5% of the homes in Mount Coolum were owner-occupied compared with 62.9% in 2016.

Mount Coolum has 2,339 properties.

    There are currently 17 properties listed for sale, and 2 properties listed for rent in Mount coolum on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Mount coolum.

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    Peter Sagner
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    Craig Clark
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    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.