Noosaville, Queensland

Immanent Sale Required - Noosaville | Resort Brokers ID : MR008292

$2,070,000

Business Description

ResortBrokers presents an exceptional Management Rights opportunity in Noosaville. This investment offers a net profit exceeding $282k and the potential for growth with hands-on management. The resort features a heated pool, hot spa, two barbecue areas, and 20 luxury apartments. The package includes a spacious manager's residence and is priced for a speedy sale at a 3.8x multiplier. With 15 years remaining on the agreements plus a 5-year option, this is a rare opportunity not to be missed.

- Centrally located resort in Noosaville, optimally positioned to leverage the natural beauty and leisure lifestyle of the area
- Currently run passively, offering a unique opportunity for new owners to unlock additional revenue streams through active 'hands-on' management
- Generates a substantial net profit exceeding $282k, with significant potential for growth under new management
- Boasts impressive amenities such as a heated pool, hot spa and two barbecue areas, nestled within lush tropical gardens, enhancing guest experience
- Features a strong letting pool of 20 luxury one and two-bedroom apartments, each equipped with modern amenities and private balconies or patios
- Includes a spacious three-bedroom, two-bathroom manager's residence with an open-plan design that opens onto a private courtyard
- Priced for a speedy sale at a 3.8x multiplier, presenting an attractive investment opportunity
- Offers long-term security with 15 years remaining on the agreements, plus a five-year option
- Inspections are by appointment only
Date updated: 09 Jun 2024 23:00:17

Business Summary

Business Snapshot

Price: $2,070,000 Net Profit: $282,378 Remuneration / Body Corp Salary: $76,298

Managers Unit

Value of Managers Apartment: $1,000,000Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 28Total Units in Letting Pool: 20Owner Occupy Units: 2Outside Agent Units: 1Lockup Units: 4Agreement Term Remaining: 15 years
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