Noosaville, Queensland

Best Value MR - Noosa Living Everyday!

$1.06M MR & $765k Unit = Total $1.825M

Business Description

Increased Nett Profit!

Live and work in Noosa.

This truly is the best value Management Rights and real estate in the highly sought after Noosa region, known for it's world class beaches, award winning restaurants, scenic nature parks and excellent schools.

Attractively priced with a solid ROI, there is further opportunity to grow the current $285,000+ Nett profit.

Excellent systems in place.

The business comes with the largest three bedroom, three bathroom villa in the scheme,complete with fenced, grassed BBQ Area very well priced at $765,000.

There is a 25/25 year agreement in place and access to an abundance of storage. New owners will experience a smooth transition with smart processes and software programs in place.

Make your move today. Noosa Living - everyday!

Genuine buyers please call to arrange an inspection.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $1.06M MR & $765k Unit = Total $1.825M Net Profit: $274,185 Remuneration / Body Corp Salary: $72,040

Managers Unit

Value of Managers Apartment: $765,000Bedrooms: 3Bathrooms: 3Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 17Owner Occupy Units: 1Outside Agent Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Rossina Gall

0407 37....

Ras360

Key Investment Insights

1. Highly sought after location in Noosa known for its world class beaches, award winning restaurants, scenic nature parks and excellent schools.
2. Attractively priced with a solid ROI and potential for further growth in the current $285,000+ Nett profit.
3. Largest three bedroom, three bathroom villa in the scheme with a fenced, grassed BBQ area.
4. 25/25 year agreement in place with access to an abundance of storage.
5. Excellent systems and software programs in place for a smooth transition for new owners.
6. Includes a well-priced managers apartment valued at $765,000.
7. Business Snapshot: Price of $1.06M for MR and $765k for unit, with a net profit of $274,185 and remuneration/body corp salary of $72,040.
8. Managers unit has 3 bedrooms, 3 bathrooms, and 1 car space.
9. Complex type is resort/holiday with a total of 23 units, 17 in the letting pool, 1 owner-occupied unit, and 4 outside agent units.
10. 25-year agreement term remaining.

Management Rights Multiplier: 3.87
ROI Estimate: 25.87%