Key Investment Insights
1. Circa 15% ROI advertised, with a projected new net profit of approximately $330,000, and reported nett profit around $302,000 to $300,381.
2. Total asking price $2.15M, comprising business price $1.255M and managers unit value $895K.
3. Managers apartment is included, 2 bedrooms, 1 bathroom, 1 car space, valued at $895,000, providing owner-occupier benefit and asset value.
4. Management rights structure offers recurring income, with reported remuneration/body corporate salary of $52,154.
5. Accommodation module/agreement term originally 25 years, with 19 years remaining, providing medium-term contract security.
6. Resort/holiday complex of 20 units, 18 units in the letting pool, and 3 owner-occupy units, indicating high letting density.
7. Strong location appeal in Noosa Heads, five-minute walk to Noosa Junction and about a 12-minute walk or short drive to Noosa Main Beach and Hastings Street.
8. On-site amenities include a heated swimming pool and BBQ area, supporting guest experience and year-round occupancy.
9. Property features modern comforts including air conditioning, ceiling fans and generous balconies with Hinterland views, enhancing guest satisfaction.
10. Off-street underground parking and a peaceful, low-traffic setting contribute to guest convenience and property desirability.
11. Appeal to broad market segments including families, retirees and holidaymakers, supported by nearby beaches, national parks and year-round outdoor activities.
12. Listing marketed by Ras360, specialists in motels, hotels, pubs, parks and management rights, indicating sector-specific brokerage expertise.
Management Rights Multiplier: 4.18
ROI Estimate: 23.93%