This established beachfront management rights business combines reliable income with a genuine live-in coastal lifestyle. After more than a decade of ownership, the current owners are keen to retire and have adjusted pricing to secure a timely sale.
The business is straightforward and well organised, generating income from a mix of caretaking services and letting commissions. The complex is fully renovated, low maintenance, and supported by a cooperative body corporate with secure, long-term agreements in place.
Key Features:
- 15 of 20 apartments currently in the letting pool
- Fully renovated, low-maintenance complex
- Supportive body corporate with secure agreements
- Freehold manager’s apartment with ocean views (package only)
Financial performance in FY25 delivered net profit of circa $215,000, supported by a stable, long-term operating history.
The operation has been carefully managed and provides a solid platform for a new owner, with clear potential to improve returns over time through modest growth in the letting pool without increasing the workload.
This opportunity will suit a couple or individual looking for a balanced lifestyle business with flexibility, consistency, and long-term security in a premium coastal location.
Business now $895,000 (was $1.1M)
Manager’s Freehold Apartment now $1.6M (was $1.66M)
Package only (Business + Property)
Contact Krishna today to request further information and take the next step toward securing this opportunity. Visit the Barker Business website, search reference number 3826 and submit the online Confidentiality Agreement. Once Krishna receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2026
Property Code: 3826
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