Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net profit of $311,000 and 24% return on investment based on the business price.
2. Strategic location less than one kilometre from Hastings Street, Main Beach and Noosa Junction amenities.
3. Established holiday complex with 18 of 20 units in the letting pool.
4. Manager receives a spacious two bedroom apartment, adjoining exclusive use office and three storerooms.
5. Private balcony provides sweeping Noosa hinterland views, with one allocated car space and pet friendly approval.
6. Apartments are maintained to a high standard and receive excellent guest ratings across platforms.
7. Long 25 year accommodation agreement has 19 years remaining, supporting operational continuity.
8. Reported $54,800 body corporate remuneration, reviewed annually in line with CPI.
9. Identified growth opportunities include dynamic pricing, stronger direct bookings, social media and SEO improvements.
10. The business is described as easily managed, supporting a lifestyle oriented management model.
Management Rights Multiplier: 4.08
ROI Estimate: 14.36%