239-245 Gympie Terrace, Noosaville, Queensland

Luxury Riverside Resort with Bluechip Manager's Residence

Expressions of Interest by 5th August 2022

Property Description

Perfectly located, opposite the Noosa River in the heart of Noosaville’s vibrant café and restaurant strip, the ‘Colonial Resort Noosa’ on Gympie Terrace is one of Noosa’s premier resort complexes. Currently rated number 1 on Trip Advisor, this is an opportunity to manage 15 - one, two and three-bedroom luxury apartments, which are known to engage high-end clientele and ongoing repeat business due to the blue-chip location. The healthy return is generated from letting as well as a generous fixed body corporate salary.

In addition, and occupying a prized position on Elizabeth Street in Noosaville, the managers residence is a spacious standalone 4-bedroom, 3-bathroom home, plus a study and double lock-up garage. Quiet, yet centrally positioned, everything that Noosaville has to offer is right outside your door.

The Colonial Resort Noosa features a large 25m heated lagoon pool and spa, communal BBQ area, equipped gym, sauna and a variety of restaurants and shops within the building. If you are searching for a quality standalone home close to the river, and a first-class business in the Noosa area, be sure to make enquiries into this very special offering.

Property Summary

Business Snapshot

Price: Expressions of Interest by 5th August 2022 Net Profit: $276,708 Remuneration / Body Corp Salary: $68,243Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 1Outside Agent Units: 1Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 16 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Scott Cowley
Scott Cowley

Kelsie Melville
Kelsie Melville

Noosa Estate Agents

Noosa Estate Agents

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Prime waterfront resort with growth potential and stunning manager's residence | Resort Brokers ID : MR007314
Prime waterfront resort with growth pote...



Net Income: $402,000
Managers Estate: $1,100,000 2 Bed 2 Bath
Letting Pool: 48
Remuneration: $86,198

Marlborough's Golden Opportunity
Near New 12 Unit Motel Great Location
Bay of Islands Proven Performer
Busy Motel
Blenheim: A Top Performing Motel in Great Location
Kaiapoi: The Only Motel in Town
Beautifully Presented and Instantly Appealing
Seaside Lifestyle - Good Performing Property
Popular Holiday Hotspot
Alexandra - Borders Open and Summer is Coming!
Affordable 5-Star Luxury Villas in Paradise
Hanmer Springs: 18 Modern Units with Good Lease
Location Well Presented Close to Riccarton Mall
Location and Scale in Napier
Excellent Buying - Eye Catching Motel
19 Unit Motel in the Heart of Wanaka
Enjoy the Benefits of Successful Franchise