Noosa Heads, Queensland

Blue Chip Location

SOLD

Business Description

Blue chip location overlooking Hastings St. and Laguna Bay.

Sophisticated and stylish complex in a serene setting adjacent to National Park.

A short stroll down the boardwalk to Hastings St and Noosa Beach.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $361,008 Remuneration / Body Corp Salary: $46,383Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,260,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesGym: Yes

Marketing Agent

Matt Campbell

0410 34....

Barry Davies

0438 55....

Resort Management Sales

Key Investment Insights

1. Prime location overlooking Hastings St. and Laguna Bay.
2. Sophisticated and stylish complex in a serene setting.
3. Adjacent to National Park, offering a peaceful atmosphere.
4. Short stroll to Hastings St. and Noosa Beach via boardwalk.
5. High net profit of $361,008.
6. Remuneration/Body Corp Salary of $46,383.
7. Managers apartment valued at $1,260,000.
8. 3 bedrooms, 2 bathrooms, and 1 car space in managers unit.
9. Office on title.
10. Pets allowed.
11. Complex type is holiday.
12. Agreement term of 25 years with 22 years remaining.
13. Amenities include pool, spa, and gym.

Management Rights Multiplier: 5.80
ROI Estimate: 17.23%