Noosaville, Queensland

Increased Nett! Popular family-friendly Resort - Noosa River living

$1,875,000

Business Description

Best Value MR on the beautiful Sunshine Coast with spacious 3 Bedroom villa NOSSAVILLE - Nett $284,427!

This popular family-friendly resort that is perfectly positioned in Noosaville and a short walk to the beautiful Noosa River and award winning restaurants.

This award-winning holiday resort has a strong occupancy rate consistent throughout the year, solid future bookings and ever-increasing revenue with more opportunity for growth.

The resort has undergone significant capital improvements over the past few years, including the pool area and gardens. There are Long Agreements in place, the Office / Reception is on Title and there are several exclusive-use storage facilities.

Attractively priced with a solid ROI.

The Managers unit is the biggest three bedroom / three bathroom in the complex, complete with private courtyard and lush lawn area/garden.

If you are looking for potential to grow and increase profit, Co Co Bay Resort Noosaville is one to inspect.

Over the past 5 years, the current owners have implemented efficient systems, so there will be a smooth transition and training.

Business Summary

Business Snapshot

Price: $1,875,000 Net Profit: $284,427 Remuneration / Body Corp Salary: $70,799

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: 19Holiday Units: 19Owner Occupy Units: 2Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Marketing Agent
Rossina Gall
Rossina Gall

Robert Collins
Robert Collins

RAAS Property Group

RAAS Property Group

Key Investment Insights

1. Prime location in Noosaville, close to Noosa River and popular restaurants.
2. Consistent high occupancy rate throughout the year.
3. Solid future bookings and increasing revenue.
4. Significant capital improvements have been made in the past few years.
5. Long agreements in place and office/reception on title.
6. Exclusive-use storage facilities.
7. Attractively priced with a solid return on investment.
8. Spacious and well-maintained three bedroom, three bathroom manager's unit.
9. Potential for growth and increased profit.
10. Efficient systems in place for a smooth transition and training.
11. Strong net profit and remuneration/body corp salary.
12. Resort/holiday complex with 23 units, 19 of which are in the letting pool.
13. Majority of units are holiday units, providing stable income.
14. Long agreement term of 25 years with 23 years remaining.
15. Opportunity for owner-occupiers with 2 units available.
16. Outside agent unit providing additional income.

Management Rights Multiplier: 3.90
ROI Estimate: 25.62%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Boutique style resort on the Noosa River offering flexibility | Resort Brokers ID : MR007964
ResortBrokers
Boutique style resort on the Noosa River...

NOOSAVILLE

$1,725,000

Net Income: $206,069
Managers Estate: $900,000 2 Bed 2 Bath
Letting Pool: 18
Remuneration: $37,664

Motel Lease For Sale NSW ( Consistent Performer )
EXCITING OPPORTUNITY TO OWN YOUR OWN FREEHOLD MOTEL BY THE BAY - 2754MF
Redefining waterfront views – Noosaville’s absolute paradise management rights  | Resort Brokers ID : MR008048
Rare Freehold Going Concern Opportunity in busy Regional City | Resort Brokers ID : FH008015
GREAT STARTER LEASEHOLD MOTEL OPPORTUNITY - 2347ML
A CLASSIC PUB IN THE HEART OF TOWN - 116HF
Unlock Lucrative Returns with Effortless Part-Time Opportunities - ID 9115
3 FOR THE PRICE OF 2 FREEHOLD PACKAGE - 853MF2
IMMACULATE MOTEL LEASEHOLD WITH STUNNING OCEAN VIEWS - 501ML
GREAT STARTER MOTEL INVESTMENT OPPORTUNITY - 2347MI
GREAT STARTER MOTEL OPPORTUNITY - 2347MF
PURE LUXURY ACCOMMODATION WITH AN INCOME - 2811MF
Busy Lodge in the Heart of the Village
Exclusive - All About Location - Permanent Gem in Sought After Robina - ID 8943
Leasehold Motel, a standout in the Northern Rivers.
Thriving Caravan/Cabin Park with significant growth potential in Walkamin | Resort Brokers ID : FH008038
Acquire the leasehold of the tranquil Girraween Country Inn | Resort Brokers ID : LH008047
FREEHOLD PREMISIS + HOTEL BUSINESS + 10 ACCOMODATION ROOMS + 3 SHOPS!