Noosa Heads, Queensland
Riverfront Management Rights in Tightly Held Hastings Street | Resort Brokers ID : MR008724
$3,700,000
Business Description
ResortBrokers is delighted to present a rare opportunity on iconic Hastings Street, Noosa Heads. Set in a prestigious riverfront location, this management rights business includes 11 keys under the CTS and 3 external units, offering exceptional potential for growth through hands-on management and strategic letting.
Supported by a 21-year caretaking and letting agreement, the business delivers long-term income stability. A standout feature is the luxurious manager’s residence — a spacious two-bedroom, two-bathroom apartment ideal for owner-occupiers seeking the perfect blend of lifestyle and investment.
With strong year-round demand, minimal staffing requirements, and a blue-chip address, this is a high-performing business in one of Australia’s most tightly held markets. Rarely do Hastings Street assets come to market — and even fewer are suited to private management. Enquire now to secure your position in this premier Noosa location.
- Trophy asset in Australia's most prestigious tourism strip, Hastings Street, known for its exclusivity and high value
- Prime front-row real estate in a high-demand destination, offering a golden investment opportunity with unbeatable visibility and returns
- Scarce management rights on Hastings Street, highly valued by savvy buyers for their location and rarity
- Significant growth potential for proactive operators to enhance the letting pool and increase daily rates
- Efficient operation with minimal staffing, limited office hours and minimal resort facilities
- Long-term income security with generous tenure agreements, providing confidence and lending security
- Premium year-round demand is supported by a solid net profit and a body corporate salary that increases annually by CPI
- 11 units in the letting pool plus 3 external units - high-earning apartments zoned for tourism to safeguard your investment
- Inspections are by appointment only
Date updated: 21 Sep 2025 23:00:06
Business Summary
Business Snapshot
Price: $3,700,000
Net Profit: $392,374
Complex Information
Complex Type: PermanentAgreement Term Remaining: 21 years