Key Investment Insights
1. Prime Noosa location, under 1km to Hastings Street and within walking distance to Main Beach, boutique shops, restaurants and galleries.
2. Established short‑term holiday complex of 20 units, with 18 units in the letting pool.
3. Strong current financial performance, net profit $311,000, price $2,165,000, reported ROI of 24%.
4. Clear upside potential via marketing and revenue management, specifically social media, SEO, direct bookings and dynamic pricing to lift occupancy and average daily rates.
5. Manager receives a dedicated two‑bedroom apartment valued $895,000, with exclusive office, huge private balcony, three storerooms, one car space and pets allowed.
6. Fixed remuneration component, body corporate salary $54,800 with annual CPI review.
7. Long term accommodation agreement structure, original term 25 years with 19 years remaining, providing operational stability.
8. Well maintained apartments and excellent guest ratings across platforms, supporting repeat bookings and reputation.
9. Onsite amenities relevant to holiday guests, including pool, BBQ area and Wi‑Fi.
10. Proximity to Noosa Junction, approximately five minutes away, offering cinemas, supermarkets and additional dining options that support year‑round demand.
11. Vendor claim of high buyer interest, stating the complex will be bought by the first to inspect, indicating potential for quick sale.
Management Rights Multiplier: 4.08
ROI Estimate: 14.36%