Noosa Heads, Queensland
Management Rights Opportunity Noosa Heads - Sunshine Coast
$3,700,000
Business Description
Rare Management Rights Opportunity on Iconic Hastings Street, Noosa -Sunshine Coast
Seize the chance to own a highly sought-after management rights business in the heart of Noosa’s premier destination—Hastings Street. This thriving investment delivers solid returns while positioning you at the center of luxury, leisure, and coastal charm in one of Queensland’s most desirable locations.
Unparalleled Location & Lifestyle
Nestled amid world-famous beaches, boutique shopping, and Noosa’s vibrant dining scene, this property offers exceptional visibility and high demand from returning guests. Its prime position guarantees strong occupancy while allowing owners to embrace a seamless coastal lifestyle, where cafés, restaurants, and top attractions are all within walking distance.
Spacious, Refurbished Manager’s Unit
Enjoy a modern, well-appointed apartment, refurbished in 2021/22, with stunning views overlooking Hastings Street. Just 100 metres from the iconic Noosa Beach, this residence ensures easy access to all the beauty and convenience of this world-class location.
Established & Profitable Business
This well-managed operation boasts consistent high occupancy and strong financial returns, making it a smart, sustainable investment. With 14 units under management (11 in the letting pool and 3 externally managed), the business delivers reliable income while maintaining an excellent reputation for service and efficiency.
Low-Maintenance & Work-Life Balance
With minimal body corporate responsibilities, owners can enjoy a stress-free role while maximizing their personal leisure time. This is the perfect blend of business success and coastal relaxation.
Rare Market Opportunity & Booming Tourism
Management rights in Hastings Street Noosa are extremely limited, making this a rare chance to secure a thriving business in a premier location. With Noosa’s steady tourism growth, this is an investment built for long-term success.
Financial Overview
- Core Net Income: $305,949 ($1.54M @ 5x)
- Income from 3 Externally Managed Apartments: $86,424 ($260K @ 3x)
- Total Business Value: $1.8M
- Manager’s Unit Value: $1.9M
- Total Listing Price: $3.7M
Additional Notes
The property features three commercial businesses at the front of the complex, which do not contribute to income or require management involvement.
Business Summary
Managers Unit
Value of Managers Apartment: $1,800,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 11Owner Occupy Units: 4Outside Agent Units: 2Lockup Units: 1Pool: YesBBQ Area: Yes
Key Investment Insights
1. Prime Hastings Street Noosa location, approximately 100 metres from Noosa Beach, adjacent to beaches, boutique retail and dining, driving high visibility and guest demand.
2. Refurbished manager’s apartment completed 2021/22, offering modern fitout and street views, supporting owner lifestyle and on-site presence.
3. Manager’s unit detailed as 2 bedrooms, 2 bathrooms, 1 car space, valued at roughly $1.9M.
4. Established, profitable operation with Core Net Income of $305,949, indicating solid cashflow.
5. Additional income stream of $86,424 from three externally managed apartments, enhancing total return.
6. Business valuation metrics provided, $1.8M business value and $3.7M total listing price, enabling clear investment pricing.
7. Portfolio comprises 14 managed units, with 11 in the letting pool and 3 externally managed, within an 18‑unit holiday complex.
8. Complex amenities include a pool and BBQ area, supporting holiday letting appeal and guest experience.
9. Low body corporate responsibilities and minimal day‑to‑day demands, positioned for favourable owner work–life balance.
10. Three commercial tenancies at the complex frontage do not require management or contribute income, limiting extra operational obligations.
11. Market scarcity of management rights on Hastings Street combined with steady tourism growth suggests long‑term demand and capitalisation potential.
