Key Investment Insights
1. Priced at $2,150,000 with a reported nett profit of $301,000, presenting a strong current cashflow profile.
2. Manager remuneration/body corp salary $52,000, with annual CPI review, providing predictable owner/manager income.
3. Includes a high-value manager apartment valued at $895,000, two bedrooms, one bathroom, one car space, exclusive use office, three storerooms, pets allowed, and a large balcony with hinterland views.
4. Prime location under 1km from Hastings Street and Main Beach, five minutes to Noosa Junction, offering direct access to boutique retail, award-winning dining, galleries, cinemas and supermarkets.
5. Holiday complex of 20 units, with 18 units in the letting pool, one owner-occupy unit and one manager unit, indicating established operations and capacity for owner use.
6. High guest satisfaction, maintained apartments and excellent ratings across platforms, supporting repeat visitation and reputation.
7. On-site amenities include tropical gardens, a heated pool, a recently refurbished pool and barbecue area, off-street underground parking and free WiFi, enhancing guest experience and ADR potential.
8. Described as easily managed for the true Noosa lifestyle, implying low-complexity operations suitable for hands-on owner management.
9. Listing highlights clear upside, specifically opportunities to increase occupancy and average daily rates through dynamic pricing, direct booking channels and enhanced social media and marketing.
10. Combination of a business and residence offered together makes this a rare owner-operator opportunity in one of Queensland’s most in-demand destinations.
Management Rights Multiplier: 4.17
ROI Estimate: 23.98%