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
Matt Campbell

Barry Davies
Barry Davies

Resort Management Sales

Resort Management Sales

Key Investment Insights

1. Prime location in a highly sought after area.
2. Stunning views of Hastings St. and Laguna Bay.
3. Serene and tranquil setting adjacent to National Park.
4. Short walking distance to popular tourist attractions such as Hastings St. and Noosa Beach.
5. Strong financial performance with a net profit of $361,008.
6. Additional income from remuneration/body corp salary of $46,383.
7. Potential for annual increase in body corp salary.
8. Luxurious and sophisticated complex with high-end amenities such as a pool, spa, and gym.
9. Manager's unit valued at $1,260,000 with 3 bedrooms, 2 bathrooms, and a designated office space.
10. Long agreement term of 25 years with 22 years remaining.
11. Pet-friendly complex.
12. Ideal for someone looking to enter the holiday accommodation industry or expand their portfolio.

Management Rights Multiplier: 5.80
ROI Estimate: 17.23%

Listing location
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This Business is sold

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