Noosaville, Queensland
Noosaville's most secure management rights investment is now for sale | Resort Brokers ID : MR008125
$2,350,000
Business Description
ResortBrokers presents an exceptional business venture that you won’t want to miss.
This opportunity boasts a substantial net profit of over $315,000, supported by extensive 22-year agreements and a robust setup. All apartments feature a dual-key facility, maximising revenue potential with 28 keys available for letting. The walk-up building and unique lot configurations deter owner-occupiers, effectively safeguarding your investment.
The spacious three-bedroom manager's residence offers the flexibility of off-site living, along with the potential for significant additional annual income not reflected in the P&L. Ground-floor three-bedroom apartments in this area are a rarity, allowing you to either reside in it or generate further returns while living offsite.
Thanks to its diverse room offerings, the resort attracts a strong corporate clientele during the week while enjoying a lively weekend trade, particularly from weddings and events. Ideally located near Gympie Terraces and Noosa River, this property is suitable for management at all levels. With no set office hours, it can be easily managed by either a single individual full-time or a relaxed couple.
- Twin Quays is the only privately owned business with a dual-key setup of this kind. Providing enhanced security for the letting pool compared to other businesses in this highly sought-after area.
- Dual key facility in all apartments, offering 28 keys for letting.
- Units designed to discourage owner-occupiers, ensuirng consistent availability for letting.
- Prime location near Gympie Terraces, Noosa River, shops and award-winning dining establishments.
- Low-maintenance common areas featuring a heated pool, lush tropical gardens, and solar power for common area electricity, all supported by a generous body corporate salary of $68,456.
- High net profit exceeding $315,000.
- Secure business with 22-year agreements and a supportive body corporate.
- A turnkey business opportunity perfect for new managers or couples looking for a relaxed yet highly profitable venture.
- Inspections by appointment only.
Date updated: 01 Dec 2024 22:00:05
Business Summary
Business Snapshot
Price: $2,350,000
Net Profit: $315,783 Remuneration / Body Corp Salary: $68,456
Managers Unit
Value of Managers Apartment: $1,100,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 17Total Units in Letting Pool: 14Outside Agent Units: 1Lockup Units: 1Agreement Term Remaining: 22 years