Key Investment Insights
1. Circa 14.2% ROI with projected net profit of approximately $305,011, indicating strong financial performance for the management rights business.
2. Business price $1.255M at a 4.2x multiple, managers apartment valued at $895,000, total package price $2.150M, providing clear pricing and valuation structure.
3. Management agreement originally 25 years, with 19 years remaining, offering long-term operational stability and income visibility.
4. Remuneration and body corporate salary of $52,154, supplying defined manager income in addition to net profit.
5. Managers unit is a renovated 2 bedroom, 1 bathroom apartment with one car space, enhancing on-site management convenience and owner accommodation value.
6. Resort holiday complex with 20 total units, 18 units in the letting pool and 3 owner occupy units, indicating a near-complete letting pool and established revenue base.
7. Strong amenity offering including heated swimming pool, BBQ area, off-street underground parking, air conditioning, ceiling fans and balconies, supporting guest satisfaction and repeat bookings.
8. Prime Noosa Heads location, beachfront precinct with tranquil, low traffic environment, enhancing premium holiday appeal.
9. Exceptional walkability, approximately five minutes to Noosa Junction cafes and shops, and about twelve minutes to Noosa Main Beach and Hastings Street, supporting high occupancy potential.
10. Recently renovated apartments set within lush gardens with Sunshine Coast Hinterland views, contributing to premium product positioning and marketing differentiation.
11. Business listed as under contract or offer, signalling market interest and validation of value.
12. Specialist brokerage Ras360 focusing on motels, hotels, pubs, parks and management rights, suggesting relevant market expertise and targeted sale process.
Management Rights Multiplier: 4.11
ROI Estimate: 24.30%
