Noosa Heads, Queensland

Iconic Hastings St Location

SOLD

Business Description

Expressions of interest called for an iconic Hastings Street location. Extensive Information Memorandum available to qualified buyers. Confidentiality conditions apply.

Tourism is the second largest industry in Australia and Queensland, worth $117.9b to the Australian economy and $19.8b to Queensland, and importantly it is the number one industry in many regional economies, including Noosa and the Sunshine Coast.

Tourism delivered a record $940m to Noosa’s economy in total visitor expenditure in the year to September 2016 and the sector is the largest employer in the region.

The Sunshine Coast was second only to the Whitsundays region as the fastest growing domestic tourism region in Queensland. The 13.5% growth rate for the Sunshine Coast region compared to the 4.8% growth rate for Australia and 1.8% increase for Queensland.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $339,453

Managers Unit

Office: On TitlePets OK: Yes

Complex Information

Complex Type: n/aTotal Units in Complex: 25Total Units in Letting Pool: 22Outside Agent Units: 1Lockup Units: 1
Marketing Agent
Matt Campbell
Matt Campbell

Matt Campbell
Matt Campbell

Resort Management Sales

Resort Management Sales

Key Investment Insights

1. Prime location on iconic Hastings Street
2. Extensive Information Memorandum available to qualified buyers
3. Confidentiality conditions apply
4. Tourism is the second largest industry in Australia and Queensland
5. Noosa and the Sunshine Coast are popular tourist destinations
6. Record $940m in total visitor expenditure in Noosa in 2016
7. Tourism is the largest employer in the region
8. Sunshine Coast is the second fastest growing domestic tourism region in Queensland
9. 13.5% growth rate for Sunshine Coast compared to 4.8% for Australia and 1.8% for Queensland
10. Business has been sold
11. Net profit of $339,453
12. Manager's unit is included and pets are allowed
13. Complex has 25 units in total
14. 22 units are in the letting pool
15. 1 unit is managed by an outside agent
16. 1 lockup unit
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Noosa Sunshine Beach Prime Position Boutique Resort
CRE Brokers
Noosa Sunshine Beach Prime Position Bout...

SUNSHINE BEACH

Management Rights $1,975,000

Net Income: $197,081
Managers Estate: - 4 Bed 2 Bath
Letting Pool: 15
Remuneration: $54,000

PERMANENT MANAGEMENT RIGHTS GOLD COAST - NO REQUIREMENT TO LIVE ONSITE
Refurbished 31 Room Passive Investment Motel
Established Coastal Caravan Park – New Lease Opportunity
Live in Paradise and Earn Over $1 Million Per Year | Resort Brokers ID : MR009061
GIPPSLAND'S PREMIER HOSPITALITY & COMMERCIAL INVESTMENT – $22 MILLION | Resort Brokers ID : FH009310
New to Market. High Performing MR with no requirement to live onsite
MAROOCHYDORE | $664K+ NET | LOW REAL ESTATE COMPONENT | Resort Brokers ID : MR009294
25-room leasehold motel in Townsville's strongest regional economy | Resort Brokers ID : LH009289
PREMIUM SURFERS PARADISE CARETAKING OPPORTUNITY IN BRAND NEW DEVELOPMENT  | Resort Brokers ID : MRC009284
High-Income Coastal Management Rights Opportunity – Gemini Resort, Golden Beach
26 Unit Picton Motel in Prime Location
Australia's Only Active Radisson Hotel - 89-Key Leasehold, 23-Year Tenure | Resort Brokers ID : LH009298
Premium Quest Franchise in Melbourne's Northern Growth Corridor | Resort Brokers ID : LH009304
An amazing waterfront opportunity on the Sunshine coast
Island Lifestyle, Strong Returns & 25-Year Accommodation Module Agreements
Prime Picton Tourism Investment - FHGC
Freehold Golf Course Motel on 2.84 Hectares with Development Upside | Resort Brokers ID : FH009291
Beachfront Coolangatta MR Opportunity | $607K+ Net Profit | Resort Brokers ID : MR009270