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
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