Key Investment Insights
1. Family-friendly accommodation with a high rate of repeat bookings.
2. Fully equipped apartments with 1, 2, or 3 bedrooms.
3. Convenient location just minutes from Noosa Main Beach, Hastings Street, and Noosa Junction.
4. Quiet street with no traffic noise.
5. Recently renovated swimming pool and BBQ area.
6. Low maintenance tropical gardens.
7. Private off-street parking.
8. Spacious 2-bedroom manager's residence with new kitchen and bathroom.
9. High net profit.
10. Rare opportunity in the current market for a quiet complex close to Noosa Main Beach.
11. Ideal for first-time Management Rights investors or those looking to expand their portfolio.
12. Net profit of $276,000 and asking price of $2,090,000 (inclusive of manager's real estate).
13. Property Code: 692.
14. Managers unit recently renovated with new kitchen and bathroom, 2 bedrooms, large balcony with breathtaking views, air conditioning, ceiling fans, closet storage, and quality appliances.
15. Reception is welcoming and functional and located directly off the residence.
16. Private parking for 1 vehicle.
17. Pet-friendly with Body Corporate approval.
18. Complex type: Holiday.
19. Total units in complex: 20.
20. Total units in letting pool: 18.
21. Holiday units: 16.
22. Permanent units: 2.
23. Owner-occupied units: 1.
24. Manager units: 1.
25. Agreement module: Accommodation.
26. Agreement term: 25 years.
27. Agreement term remaining: 17 years.
28. Pool and BBQ area available for use.
29. WIFI available for guests.
Management Rights Multiplier: 4.06
ROI Estimate: 24.64%