Key Investment Insights
Key Insights:
1. Exceptional investment opportunity in the highly sought-after coastal paradise of Noosa Heads.
2. Strong circa 15% return on investment.
3. Beautifully renovated two-bedroom apartment with air conditioning and expansive balcony.
4. Pristine swimming pool and inviting BBQ area for guests.
5. Strategic location with off-street underground parking and no traffic noise.
6. Just a five-minute walk to Noosa Junction and a twelve-minute walk to Noosa Main Beach and Hastings Street.
7. Noosa Heads offers a harmonious blend of natural beauty and modern convenience.
8. Ideal for nature lovers and adventure seekers with stunning beaches, national parks, and a picturesque river.
9. A plethora of outdoor activities available year-round, from surfing and hiking to kayaking and paddleboarding.
10. Vibrant community atmosphere with a welcoming and close-knit community.
11. Diverse dining and shopping options in the trendy Noosa Junction.
12. Farmers' markets and local festivals bring people together to celebrate the region's unique offerings.
13. 22 years remaining on the Accommodation module.
14. Net profit of $302k.
15. Business price of $1.110M at 3.6x.
16. Unit price of $945K.
17. Total price of $2.055M.
18. Specialists in Motels, Hotels, Pubs, Parks, and Management Rights.
19. Managers apartment valued at $955,000.
20. Complex type: Resort/Holiday.
21. 20 units in the complex, with 17 in the letting pool and 3 owner-occupied.
22. Agreement term of 35 years with 25 years remaining.
Management Rights Multiplier: 3.66
ROI Estimate: 27.31%