Noosa Heads, Queensland
Unique Management Rights Opportunity Noosa
$3,700,000
Business Description
Rare Investment Opportunity on Iconic Hastings Street, Noosa
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 location on iconic Hastings Street in Noosa, a highly desirable and sought-after destination.
2. Strong demand from returning guests and high occupancy rates.
3. Refurbished manager's unit with stunning views and easy access to the beach.
4. Established and profitable business with consistent high occupancy and strong financial returns.
5. Minimal body corporate responsibilities, allowing for a low-maintenance and balanced work-life.
6. Rare market opportunity with limited management rights available in Hastings Street.
7. Booming tourism in Noosa, ensuring long-term success for the investment.
8. Additional commercial businesses on the property do not contribute to income or require management involvement.
9. Manager's unit valued at $1.8 million, with a total business value of $1.8 million and a listing price of $3.7 million.
10. Complex features 18 units, with 11 in the letting pool and 4 owner-occupied units.
11. Amenities include a pool and BBQ area.
