Buy a property
Sell your property
Find your local agent

Opportunity knocks

Here for your property journey

News and market insights

Property experts since 1902

Browse

Terms

Show all photos

Sold

3/5 Hermitage Drive - Management Rights & Twin Key Apartment,
Airlie Beach 4802, Queensland

160m² building size
Other

$725,000

Property details

SOLD By Brett Dwyer - Lifestyle Business Opportunity - Management Rights & Twin Key Apartment FOR SALE

A Rare Lifestyle & Income Opportunity in the Heart of Airlie Beach

Coral Sea Vista Apartments - Management Letting Rights + Owner's Residence
After more than 20 successful years of operation, the long-standing managers of Coral Sea Vista Apartments are offering a genuinely rare opportunity to secure both a proven Management Letting Rights (MLR) business and a beautifully maintained twin-key sea-view apartment in one of Queensland's most tightly held lifestyle destinations - Airlie Beach.

This is not just a business acquisition - it's a Whitsundays lifestyle upgrade with income to match.

Coral Sea Vista is an intimate complex of just six (6) twin-key apartments, all enjoying sweeping ocean views. Designed for flexibility and guest appeal, the property features:
• Inviting resort-style swimming pool
• BBQ and outdoor entertaining area
• On-site parking
• Elevated position capturing cooling sea breezes and uninterrupted views

Each apartment is cleverly configured to maximise return:
• A self-contained studio with kitchenette (popular with couples, or expandable to sleep four)
• A larger one-bedroom apartment with full kitchen and laundry
• Let separately or combined as a spacious two- or three-bedroom interconnecting suite

This flexibility consistently appeals to couples, families and groups - driving strong occupancy across seasons.

With excellent occupancy levels, strong repeat visitation and established operating systems, Coral Sea Vista represents a true turnkey MLR opportunity. The business is well-regarded, efficiently run and primed for a seamless transition.

Whether you are an experienced operator or a buyer seeking a first step into management rights, this offering provides:
• A stable income stream
• An established guest base
• A manageable, boutique-scale operation
• Exceptional work-life balance in a world-class location


Opportunities of this calibre - small boutique complexes, proven income, ocean views and a prime Airlie Beach address - are rarely brought to market.

If you've been waiting for the right blend of lifestyle, income and long-term security, this is the one worth acting on.
For Further Information or to Request an Information Pack
Brett Dwyer
M: 0447 583 759
E: brett.dwyer@raywhite.com
Inspections and confidential discussions welcomed.

Explore the area

School catchments

  • Cannonvale State School Primary Prep-6 Government 2.4km
  • Whitsunday Christian College Combined Prep-12 Independent 5.3km
  • St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 20.4km
  • Proserpine State School Primary Prep-6 Government 20.9km
  • Hamilton Island State School Primary Prep-6 Government 25.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

Back to top