Key Investment Insights
AI generated. Confirm details with the seller.
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.
