Noosa Heads, Queensland

Fantastic busines opportunity HUGE $100,000 PRICE DROP BE QUICK

$600k MR & $995k Unit = $1,595,000

Business Description

This exceptional complex is strategically positioned to take full advantage of spectacular views that stretch across the ocean, winding river, and breathtaking coastal areas from the renowned Noosa Hill. The location itself is remarkable, providing an idyllic backdrop that enhances both the appeal of the properties and the experience of its residents and guests.

Each apartment within the complex has been carefully refurbished over time, marrying modern elegance with comfort to create inviting living spaces that resonate with style and sophistication. The meticulous upgrades ensure that every unit not only meets but exceeds expectations, providing a luxurious retreat for both short-term visitors and long-term residents.

For those who desire a touch of exclusivity, the stunning penthouses stand out with their own private spas and BBQ areas located on sprawling covered decks. These outdoor spaces are perfect for enjoying the fresh breezes and captivating views while entertaining guests or simply unwinding after a busy day, making every gathering a memorable occasion.

The property boasts a robust history of high repeat guest numbers, representing a lucrative opportunity for prospective buyers. This thriving business is not only easily managed but also poised for continued success. Potential owners can enjoy the benefits of a well-run establishment while residing in a manager's unit that offers breathtaking views, creating a harmonious balance between work and leisure.

In summary, this is more than just a business opportunity; it’s an invitation to embrace a lifestyle of luxury, comfort, and natural beauty in a highly sought-after location. Whether you’re looking to invest in a flourishing enterprise or simply seeking a unique property that promises remarkable vistas and exceptional living, this complex is a rare gem waiting to be discovered. Don’t miss your chance to own a piece of paradise in this enviable setting!

Business Summary

Business Snapshot

Price: $600k MR & $995k Unit = $1,595,000 Net Profit: $192,562 Remuneration / Body Corp Salary: $41,805

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 12Total Units in Letting Pool: 10Owner Occupy Units: 1Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Geoff Hatchman
Geoff Hatchman

Key Investment Insights

1. Strategic location with stunning views of the ocean, river, and coastal areas.
2. Carefully refurbished apartments with modern elegance and comfort.
3. Exclusive penthouses with private spas and BBQ areas.
4. High repeat guest numbers and a thriving business.
5. Easily managed with potential for continued success.
6. Manager's unit with breathtaking views.
7. Balance between work and leisure.
8. Business and lifestyle opportunity.
9. Price includes management rights and unit.
10. Net profit of $192,562.
11. Remuneration/Body Corp salary of $41,805.
12. 2 bedroom, 2 bathroom, 1 car space manager's unit.
13. Resort/holiday complex with 12 units.
14. 10 units in the letting pool, 1 owner-occupied unit, and 1 outside agent unit.
15. 25-year agreement with 20 years remaining.
Listing location
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