Noosa Heads, Queensland

HUGE 19% ROI - Substantial price reduction - Incredible investment - Blue chip location

$560k MR & $790k Unit = Total $1.35M

Business Description

Take advantage of this unique opportunity to manage Chez Noosa Resort, a charming property located in the highly sought-after Noosa/Sunshine Beach area. This resort is nestled amidst vibrant tropical gardens, creating a serene atmosphere for guests to relax and unwind. With a total of 28 lots, including 20 well-appointed one-bedroom apartments in the rental pool, the property caters perfectly to various clientele. Its prime location provides easy access to both Sunshine Beach and Noosa Junction, making it an ideal choice for couples, business travelers, and spontaneous visitors seeking a getaway.

This exceptional property is available at an attractive 2.25x multiplier, making it an incredible investment opportunity. The resort's convenient proximity to stunning beaches ensures that guests have numerous recreational activities at their fingertips, along with a variety of shopping, dining, and café options just a short distance away.

Guests will enjoy excellent amenities, including a heated swimming pool, a relaxing spa, BBQ facilities, and beautifully landscaped gardens that enhance their stay. Each apartment has been thoughtfully modernized, featuring updated kitchens, bathrooms, furnishings, and bedding to ensure comfort and convenience.

The operational flexibility is a significant advantage, as there are no mandatory office hours. This setup makes the business easy to manage, making it suitable for individuals or couples who can engage cleaning staff as needed. The resort has earned a strong reputation, particularly among couples and returning guests, resulting in impressive forward bookings that reflect its popularity.

Discover a fantastic management rights opportunity at Chez Noosa Resort, where smooth operations align with high guest satisfaction. With its blend of comfort, convenience, and stunning surroundings, this property presents an unparalleled opportunity to step into a thriving business and lifestyle. Embrace your future in this vibrant Noosa locale, where you can enjoy the best that the Sunshine Coast has to offer.

Business Summary

Business Snapshot

Price: $560k MR & $790k Unit = Total $1.35M Net Profit: $253,046 Remuneration / Body Corp Salary: $67,796

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 29Total Units in Letting Pool: 20Owner Occupy Units: 8Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Marketing Agent
Geoff Hatchman
Geoff Hatchman

Key Investment Insights

1. Prime location in highly sought-after Noosa/Sunshine Beach area
2. 28 total lots, including 20 one-bedroom apartments in rental pool
3. Attractive 2.25x multiplier for investment opportunity
4. Easy access to both Sunshine Beach and Noosa Junction
5. Excellent amenities, including heated pool, spa, BBQ facilities, and landscaped gardens
6. Modernized apartments with updated kitchens, bathrooms, furnishings, and bedding
7. Operational flexibility with no mandatory office hours
8. Strong reputation and high guest satisfaction resulting in impressive forward bookings
9. Managers unit with 2 bedrooms, 2 bathrooms, and 1 car space
10. Resort/holiday complex with 29 total units and 20 units in the letting pool
11. Long 25-year agreement term remaining
12. Net profit of $253,046 and remuneration/body corp salary of $67,796.
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