Noosaville, Queensland

Clearwater Noosa Resort In The Heart of Noosaville and Noosa River

$2,150,000

Business Description

Off Market Group is pleased to present an exceptional opportunity to acquire management rights for a 40-unit complex located in the heart of Noosaville. With three stunning pools, beautifully maintained gardens, and a prime location popular with sporting groups, this property promises effortless management and strong financial returns. The fully renovated two-bedroom manager’s residence, valued at over $900K, offers luxury living with nothing left to spend. Boasting a net income of approximately $322K and a Body Corporate salary of $83K, this is a rare find with 22 years remaining on the management agreement.

Business Summary

Business Snapshot

Price: $2,150,000 Remuneration / Body Corp Salary: $83,116Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $875,000Car Spaces: 2Office: On Title

Complex Information

Complex Type: MixedTotal Units in Complex: 41Total Units in Letting Pool: 26Pool: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Damian Monahan
Damian Monahan

Chris Cameron
Chris Cameron

Key Investment Insights

1. Prime location in the heart of Noosaville, a popular tourist destination.
2. 40-unit complex with three stunning pools and well-maintained gardens.
3. Strong financial returns with a net income of approximately $322K and Body Corporate salary of $83K.
4. Fully renovated two-bedroom manager's residence valued at over $900K.
5. Long-term management agreement with 22 years remaining.
6. Potential for growth and increased profits through management strategies.
7. Ideal for owner-operators or investors looking for a steady income stream.
8. Mixed complex with a total of 40 units and 29 units in the letting pool.
9. On-site office and two designated car spaces for the manager.
10. Additional amenities such as BBQ area, pay TV, and WIFI for guests' convenience.
Listing location

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