The True Noosa Lifestyle Awaits

$2,150,000

Resort / Holiday management rights, Noosa Heads QLD

Priced to sell and perfectly positioned, this gorgeous short-term holiday resort business is less than 1km from the world-famous Hastings Street of Noosa.

With a nett profit of $301,000 and easily managed for the true Noosa lifestyle, this complex will be bought by the first to inspect.

Manager has a fantastic 2 bedroom apartment with an adjoining exclusive use office. It has a huge private balcony enjoying sweeping views over the Noosa hinterland.

The apartments have been maintained to a high standard and guest ratings on all platforms are excellent.

An easy stroll to Hastings Street with its boutique shops, award-winning restaurants, and art galleries, or to enjoy a sunset swim at Main Beach. Just five minutes away, Noosa Junction offers cinemas, supermarkets, and even more vibrant dining options - all part of the lifestyle that keeps visitors returning year-round.

This business already performs strongly, but there is room to grow. New manager has the opportunity to further boost occupancy and average daily rates - by leveraging dynamic pricing strategies, enhancing your direct booking presence, plus your social media presence and refining your marketing approach, to capture even more of the Noosa premium holiday market.

Don't miss this chance to secure a rare business and home in one of the most in-demand destinations in Queensland.

Contact Alex today to arrange a confidential discussion or private inspection.

More Information

Financial Overview

Total Purchase Price: $2,150,000
Net Income: $ 301,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 895,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.2
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 18
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 1
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 20
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 52,000
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 19 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 29 years
_{How long has the management rights existed.}

Office Hours:
_{Required Office Hours}

Complex Features: Tropical gardens, heated pool, recently refurbished pool and barbecue area, off street underground parking,Free WIFI.

Real Estate Component

Manager's Unit: 2 1

Included Real Estate: $ 895,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Spacious two bedroom managers apartment with adjoining exclusive use office. Huge private balcony with sweeping views over the Noosa hinterland. Manager also has 3 storerooms.