Noosaville, Queensland
Exciting Management Rights Opportunity Available in Noosa Today
$1.196M MR & $799k Unit = Total $1.995M
Business Description
16 % ROI, Situated just a short walk from the beautiful Noosa River, Noosaville Foreshore, Gympie Terrace, and Thomas Street, the confidential Noosa MR listing enjoys an unbeatable location in the heart of Noosaville. Surrounded by a wide range of restaurants, cafes, wine bars, and serene parklands perfect for BBQs and picnics, this complex offers guests an exceptional holiday experience.
Managers Unit:
The manager’s apartment is a spacious two-bedroom, two-bathroom residence, featuring a modern & fully renovated kitchen. The bathrooms have been upgraded with frameless glass shower screens, full-height wall tiling, and two toilets. The primary bedroom includes a walk-in robe, while the second bedroom is equipped with built-in robes, offering ample storage space. A split-system air-conditioning unit and ceiling fans throughout the apartment ensure comfort year-round. The apartment also includes a reception/office area and a balcony. Security doors are installed at the reception, back door, and balcony, and the property is fitted with CCTV cameras monitoring the reception area and three sections of the carpark.
Complex Details:
Noosa River Retreat offers one-bedroom, self-catering holiday apartments, all with garden and pool views. Set across the ground and first floors, the complex attracts high volumes of short-term guests, leading to greater profitability compared to traditional long-stay holiday resorts.
Key Financials & Features:
• Nett profit exceeding $332,501.
• Body Corporate Salary of $61,746.12 (incl. GST) with low-maintenance gardens.
• 17 units in the letting pool (out of 20), ensuring a steady income stream.
• Central location perfect for short stays, yielding higher returns.
• Established corporate client base and high demand from returning guests.
• ROI 16%, making this an attractive opportunity for newcomers or couples seeking a lifestyle change.
• Onsite electric car charger for guest use.
This is a rare opportunity to acquire a highly profitable management rights business in a prime Noosaville location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $1.196M MR & $799k Unit = Total $1.995M
Net Profit: $322,501 Remuneration / Body Corp Salary: $56,113
Managers Unit
Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 21Total Units in Letting Pool: 17Owner Occupy Units: 2Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
1. Prime location in the heart of Noosaville, surrounded by popular restaurants, cafes, and parklands.
2. High demand for short-term stays, leading to greater profitability compared to traditional long-stay holiday resorts.
3. Modern and fully renovated two-bedroom, two-bathroom manager's apartment with upgraded features.
4. Steady income stream from 17 units in the letting pool out of 20 total units.
5. Nett profit exceeding $332,501 and a body corporate salary of $61,746.12.
6. Established corporate client base and high demand from returning guests.
7. ROI of 16%, making it an attractive opportunity for newcomers or couples seeking a lifestyle change.
8. Onsite electric car charger for guest use.
9. Rare opportunity to acquire a highly profitable management rights business in Noosaville.
10. 25-year agreement term with 23 years remaining.
