Noosaville, Queensland

HIGH DEMAND SHORT STAY BUSINESS- POPULAR WITH BOTH CORPORATE CLIENTS AND COUPLES | Resort Brokers ID : MR008188

$1,995,000

Business Description

ResortBrokers presents the Management Rights of Noosa River Retreat, a 4-star motel-style resort in Noosaville, QLD. With a net profit exceeding $330,000, this investment offers a high return. The property includes a great manager's residence and 17 short-stay units, ensuring consistent revenue. High demand from corporate clients and a central location make this a bustling hotspot. Ideal for industry newcomers or couples seeking a balanced lifestyle in a vibrant tourism hub.

- Central location in Noosaville, perfect for one-night stays, making for a higher return
- Exceptional net profit exceeding $332,501.
- Body Corporate Salary of $56,133 and low-maintenance gardens.
- Upgraded manager's residence featuring two bedrooms, two bathrooms, and a spacious outdoor area.
- Profitable letting pool comprising 17 short-stay units out of 20.
- High demand from corporate clients due to one-bedroom self-contained apartment style.
- Perfect opportunity for industry newcomers or couples seeking a balanced lifestyle in a vibrant tourism hub.
- Electric Car Charger onsite for guest use
- Inspections are by appointment only
Date updated: 21 Jul 2024 23:00:08

Business Summary

Business Snapshot

Price: $1,995,000 Net Profit: $332,501 Remuneration / Body Corp Salary: $56,133

Managers Unit

Value of Managers Apartment: $799,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 21Total Units in Letting Pool: 17Owner Occupy Units: 2Outside Agent Units: 1Agreement Term Remaining: 20 years
Marketing Agent
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