3/5 Hermitage DriveAirlie Beach QLD 4802
Property Details for 3/5 Hermitage Dr, Airlie Beach
Last Listing description (April 2026)
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.
Property History for 3/5 Hermitage Dr, Airlie Beach, QLD 4802
- 08 Mar 2026Sold for $725,000
- 28 Apr 2025Listed for Sale PRICE REDUCED !!! NOW OFFERS OVER $ 765,000
- 05 May 2005Sold for $340,000
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0About Airlie Beach 4802
The size of Airlie Beach is approximately 2.5 square kilometres. It has 9 parks covering nearly 6.1% of total area. The population of Airlie Beach in 2016 was 1208 people. By 2021 the population was 1312 showing a population growth of 8.6% in the area during that time. The predominant age group in Airlie Beach is 20-29 years. Households in Airlie Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Airlie Beach work in a community and personal service occupation.In 2021, 47.60% of the homes in Airlie Beach were owner-occupied compared with 43.00% in 2016.
Airlie Beach has 1,894 properties. Over the last 5 years, Houses in Airlie Beach have seen a 56.32% increase in median value, while Units have seen a 118.44% increase. As at 30 April 2026:
- The median value for Houses in Airlie Beach is $891,389 while the median value for Units is $703,087.
- Houses have a median rent of $675 while Units have a median rent of $700.
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