Noosa Heads, Queensland

Rare Business only-Fantastic busines opportunity Noosa

Business Only - $688k

Business Description

Business Only-This exceptional complex is strategically positioned to take full advantage of spectacular views that stretch across the ocean, winding river, and breathtaking coastal areas from the renowned Noosa Hill. The location itself is remarkable, providing an idyllic backdrop that enhances both the appeal of the properties and the experience of its residents and guests.

Each apartment within the complex has been carefully refurbished over time, marrying modern elegance with comfort to create inviting living spaces that resonate with style and sophistication. The meticulous upgrades ensure that every unit not only meets but exceeds expectations, providing a luxurious retreat for both short-term visitors and long-term residents.

For those who desire a touch of exclusivity, the stunning penthouses stand out with their own private spas and BBQ areas located on sprawling covered decks. These outdoor spaces are perfect for enjoying the fresh breezes and captivating views while entertaining guests or simply unwinding after a busy day, making every gathering a memorable occasion.

The property boasts a robust history of high repeat guest numbers, representing a lucrative opportunity for prospective buyers. This thriving business is not only easily managed but also poised for continued success. Potential owners can enjoy the benefits of a well-run establishment creating a harmonious balance between work and leisure.

In summary, this is more than just a business opportunity; it’s an invitation to embrace a lifestyle of luxury, comfort, and natural beauty in a highly sought-after location. Whether you’re looking to invest in a flourishing enterprise or simply seeking a unique property that promises remarkable vistas and exceptional living, this complex is a rare gem waiting to be discovered. Don’t miss your chance to own a piece of paradise in this enviable setting!

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: Business Only - $688k Net Profit: $168,344 Remuneration / Body Corp Salary: $43,955

Complex Information

Complex Type: PermanentTotal Units in Complex: 12Total Units in Letting Pool: 9Owner Occupy Units: 1Outside Agent Units: 1Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 17 years

Marketing Agent

Geoff Hatchman

0427 93....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Business-only sale priced at $688,000, presenting a lower entry cost compared with property-included deals.
2. Reported net profit of $168,344, indicating strong cashflow potential relative to the asking price.
3. Remuneration/body corporate salary of $43,955, showing additional owner/operator income beyond reported net profit.
4. Prime Noosa Hill location with panoramic ocean, river and coastal views, enhancing guest appeal and potential for premium rates.
5. Entire complex refurbished over time, units presenting modern, elegant and comfortable accommodation requiring minimal immediate capital expenditure.
6. Distinctive penthouses with private spas and covered deck BBQ areas, offering high-end, exclusive guest experiences and upsell opportunities.
7. Strong history of high repeat guest numbers, signalling reliable demand and stable revenue streams.
8. Small-scale complex of 12 units, facilitating simpler operations and management compared with larger portfolios.
9. Nine units in the letting pool, meaning 75% of stock is income-generating within the management rights model.
10. Agreement structure: 25-year term originally, with 17 years remaining, providing long-term operational security for a new owner.
11. Business described as easily managed, implying lower operational complexity and suitability for hands-on owners or small management teams.
12. Mixed ownership mix: one owner-occupy unit, one outside agent unit, and one lockup unit, indicating limited external management complications.