Noosaville, Queensland
Exceptional Noosaville management rights – Lucrative investment chance.
$1.196M MR & $799k Unit = Total $1.995M
Business Description
Thriving business sees approx increase $46,000 NOP over last year and circa19% ROI!
Discover an exceptional management rights opportunity in the heart of Noosaville, boasting a 16% ROI. Situated within a short walk of the Noosa River, Noosaville Foreshore, Gympie Terrace, and Thomas Street, this confidential listing offers an unparalleled location surrounded by a variety of restaurants, cafes, wine bars, and tranquil parklands. This strategic setting provides guests with a premium holiday experience.
Manager's Residence:
The spacious two-bedroom, two-bathroom manager’s apartment features a modern, fully renovated kitchen and upgraded bathrooms with frameless glass shower screens and full-height wall tiling. The primary bedroom includes a walk-in robe, and the second bedroom offers built-in robes for ample storage. Enjoy year-round comfort with split-system air-conditioning and ceiling fans throughout. The residence also includes a dedicated reception/office area and a private balcony. Enhanced security measures include security doors at the reception, back door, and balcony, along with CCTV monitoring of the reception area and three sections of the carpark.
Complex Highlights:
Noosa River Retreat offers well-appointed, one-bedroom, self-catering holiday apartments, each with views of the garden and pool. The ground and first-floor layout attracts a high volume of short-term guests, maximizing profitability compared to traditional long-stay resorts.
Financials & Key Features:
Net Profit exceeding $378,606
Body Corporate Salary of $62,827(including GST) with low-maintenance garden responsibilities.
17 units in the letting pool (out of 20), providing a stable and reliable income.
Ideal location for short-term stays, resulting in superior returns.
Established corporate clientele and a high rate of returning guests.
Significant 16% ROI, presenting a compelling investment for both new entrants and experienced operators seeking a lifestyle enhancement.
Onsite electric car charger, a valuable amenity for eco-conscious guests.
This is a unique chance to acquire a highly profitable management rights business in a coveted Noosaville location.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $1.196M MR & $799k Unit = Total $1.995M
Net Profit: $378,606 Remuneration / Body Corp Salary: $57,116
Managers Unit
Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 20Total Units in Letting Pool: 16Owner Occupy Units: 2Outside Agent Units: 1Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 23 years
Key Investment Insights
1. Prime location in Noosaville, surrounded by popular restaurants, cafes, and parklands, providing guests with a premium holiday experience.
2. High occupancy rates and a significant increase in net operating profit of $46,000 over the last year.
3. Spacious and modern two-bedroom, two-bathroom manager's apartment with upgraded features and enhanced security measures.
4. 17 units in the letting pool out of a total of 20, providing a stable and reliable income.
5. Low-maintenance garden responsibilities with a body corporate salary of $62,827 (including GST).
6. Established corporate clientele and a high rate of returning guests, ensuring a consistent income stream.
7. Ideal location for short-term stays, resulting in superior returns compared to traditional long-stay resorts.
8. Significant 16% ROI, presenting a compelling investment opportunity for both new entrants and experienced operators.
9. Onsite electric car charger, a valuable amenity for eco-conscious guests.
10. 25-year agreement term with 23 years remaining, providing long-term stability and potential for growth.
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