* For Sale, Management Rights Kings Beach at Caloundra on Queensland’s Sunshine Coast

* Management Unit is 2 bedroom, 2 bathroom with attached office and 2 private courtyards

* 3.5 star rating, 14 apartments with 11 apartments in the letting pool

* Occupancy (July/August 2010) approx 96%

* Occupancy (2009-2010) approx 73%. 25 year agreement – 15 years remaining

* Great location, 100m from Kings Beach and 200m from Caloundra CBD

* High rate of repeat guests