About the Business

Business ID: XB162302

Featuring 19 spacious, self-contained townhouse-style units, designed and built in 1995 by currentowners. 14 units in the letting pool.

Current Body Corporate Agreement through to 27th
February 2038 with the option to extend.

Solar Panel System & Solar Hot Water running the kitchen/office/restaurant/manager’s unit.

The manager’s unit was recently renovated, and all units have new white goods and TV. The business is turnkey, supported by streamlined systems and a strong body corporate relationship, offering immediate income and growth potential in a prime beach location.

2 offices / Office hours discretionary / 50 seat restaurant

Features include:

- Management Rights Agreement: Contracts granting exclusive rights to manage 14 (of 19) 2-bedroom townhouse apartments within the resort to 2038. 2026 showing income growth.

- First time the property has been to the market

- Absolute beachfront

- Solar powered

- Established lawn and garden areas

- Town water supply plus bore water available

- Property & units present well, maintained to a high standard

- High occupancy rates

- Two saltwater pools & spa

- Restaurant & bar

- Function room

- Children’s play area

- 2 BBQ areas

The owners will provide structured guidance on management rights responsibilities, including day-to-day operations, guest relations, and property maintenance protocols.

This is a first-time opportunity for a couple/family / Chefs / or Airbnb Managers to invest in a beachfront property with income. Bring your energy and ideas to your own resort business while enjoying a relaxed lifestyle by the beach.

Asking Price: $650,000 (including owner’s unit)