Noosa Heads, Queensland

Real Growth Opportunity Close to Hastings Street Noosa 24% ROI on the Business

$2,165,000

Business Description

An opportunity for real growth for incoming managers to improve occupancy and income via social media and SEO, at this perfectly positioned, gorgeous short-term holiday resort business.

This business already performs strongly, but the room for growth really is huge. The new manager has the opportunity to further boost occupancy and average daily rates - by leveraging dynamic pricing strategies, enhancing your direct booking presence, plus your social media and SEO presence by refining your marketing approach, to capture even more of the Noosa premium holiday market.

With a nett profit of $311,000 a ROI on the business price of 24% that can grow quickly, the property is easily managed for the true Noosa lifestyle. Fantastic location less than 1km from the world-famous Hastings Street of Noosa.

Manager has a fantastic two-bedroom apartment with an adjoining office. It has a huge private balcony enjoying sweeping views over the Noosa hinterland.

Good body corporate salary and long agreements mean all boxes are ticked.

The apartments have been maintained to a high standard and guest ratings on all platforms are excellent.

An easy stroll to Hastings Street with its boutique shops, award-winning restaurants, and art galleries, or to enjoy a sunset swim at Main Beach. Just five minutes away, Noosa Junction offers cinemas, supermarkets, and even more vibrant dining options - all part of the lifestyle that keeps visitors returning year-round.

Don't miss this chance to secure a rare business and home in one of the most in-demand destinations in Queensland. This complex will be bought by the first to inspect.
Contact Alex today to arrange a confidential discussion or private inspection.

Business Summary

Business Snapshot

Price: $2,165,000 Net Profit: $311,000 Remuneration / Body Corp Salary: $54,800Business Value: $1,270,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $895,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes

Spacious two bedroom manager's apartment with adjoining exclusive use office. Huge private balcony with sweeping views over the Noosa hinterland. Manager also has 3 storerooms.

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 18Owner Occupy Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Reported net profit of $311,000 and 24% return on the business price of $1,270,000.
2. Annual body corporate salary of $54,800, reviewed annually against CPI, with 19 years remaining on agreements.
3. Located less than one kilometre from Hastings Street, within strolling distance of boutique shops, restaurants, galleries and Main Beach.
4. Holiday complex comprises 20 units, with 18 apartments in the letting pool.
5. Apartments maintained to a high standard, with excellent guest ratings across all platforms.
6. Growth potential through dynamic pricing, stronger direct bookings, social media and SEO to improve occupancy and average daily rates.
7. Spacious two bedroom manager’s apartment includes an adjoining exclusive use office and huge private balcony overlooking the Noosa hinterland.
8. Manager has three storerooms and one car space, supporting practical onsite operations.
9. Guest amenities include a pool, barbecue area and WiFi.
10. Noosa Junction is five minutes away, offering cinemas, supermarkets and additional dining options.

Management Rights Multiplier: 4.08
ROI Estimate: 14.36%