Noosa Heads, Queensland
Opportunity Knocks Prime Holiday Business
New figures to 31st January 2023.
Le Court Villas is in a cracking location only a few minutes' walk to Noosa Main Beach & Noosa National Park and several minutes drive from Sunshine Coast beaches and no two storey Villa to purchase with Management Rights business.
Couples particularly like the location — they rated it 8.2 for a two-person trip. Ref*booking.com
Irreplaceable Resort with an irreplaceable location, a solid holiday rental history sure to satisfy an astute management team looking for additional income. 6 Villas are yours to Manage plus a contracted Salary to maintain the small easy care surrounding gardens.
Offering a private balcony or courtyard, these 2-storey villas are air-conditioned in the living area and master bedroom, with ceiling fans in all bedrooms. Each has been individually furnished and styled, and features a spacious living area offering a sofa, flat-screen TV with cable channels and a DVD player.
2 swimming pools, one is solar heated. Guests enjoy free unlimited WiFi.
Location and ease of operation so close to Noosa Main Beach, this business is irreplaceable for the price..
Net Profit: $159,759 Remuneration / Body Corp Salary: $25,034
Complex InformationComplex Type: Resort / HolidayTotal Units in Complex: 9Total Units in Letting Pool: 6Outside Agent Units: 3Agreement Term: 17 yearsAgreement Term Remaining: 25 years
Key Investment InsightsKey Insights:
1. Prime location: The business is located in a highly desirable location, only a few minutes' walk to Noosa Main Beach and Noosa National Park, and a short drive from other popular Sunshine Coast beaches.
2. Strong rental history: The business has a solid holiday rental history, making it an attractive option for potential buyers looking for additional income.
3. Unique offering: The business is the only one in the area with 2-storey villas, providing a unique and sought-after accommodation option for guests.
4. High guest satisfaction: The location and amenities of the business have received positive reviews from guests, particularly couples, with a rating of 8.2 on booking.com.
5. Multiple income streams: In addition to managing the 6 villas, the business also includes a contracted salary for maintaining the surrounding gardens, providing multiple income streams for the management team.
6. Well-maintained facilities: The business boasts two swimming pools, one of which is solar heated, and offers guests free unlimited WiFi, ensuring a comfortable and enjoyable stay.
7. Irreplaceable business: Due to its prime location and unique offering, the business is considered irreplaceable for the price, making it a valuable investment opportunity.
8. Long-term agreement: The business has a long-term agreement of 17 years, with 25 years remaining, providing stability and security for potential buyers.
9. Easy operation: The business is described as easy to operate, making it an ideal opportunity for first-time buyers or those looking to expand their management portfolio.
10. Potential for growth: With only 6 out of 9 units currently in the letting pool, there is potential for growth and increased revenue for the business.