Noosaville, Queensland

Superb Riverfront Location Noosa

Under Contract / Offer

Business Description

Would you like to earn $400,000+ a year and live in one of Queensland's most sought-after addresses, a three-bedroom, two-bathroom, three-storey residence not to be rivalled? Well, read on.

Right here is your opportunity to achieve that home and tropical business dream.

This stunning business is situated in the perfect location, right on the Noosa Riverfront at Noosa's famous Gympie Terrace.

This premium management rights delivers in terms of profitability, plus standard of living for the manager, and ease of operation.

A charming riverfront complex where guests' facilities also include barbecue areas and two amazing pools, plus undercover parking.

The Manager's residence is an expansive three-bedroom, two-bathroom townhouse, just seconds away from the beautiful Noosa River. It's separate from the other properties, giving privacy and offering exceptional real estate value in one of the best addresses in Queensland.

A huge manager's office is also on title.

Long-term agreements, 90% of the units in the pool, a good body corporate salary, and room for growth make this business a must-see.

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $420,566 Remuneration / Body Corp Salary: $67,248Business Value: $1,975,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,325,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 22Total Units in Letting Pool: 18Owner Occupy Units: 1Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

1. Riverfront location on Noosa’s famous Gympie Terrace, offering premium address and strong lifestyle appeal.
2. Reported net profit $420,566 per year, indicating solid current profitability.
3. Manager’s remuneration includes a body corporate salary of $67,248, reviewed annually by CPI.
4. Expansive three‑bedroom, two‑bathroom manager’s townhouse on title, valued at $1,325,000, providing significant real estate value.
5. Manager’s office on title and described as huge, supporting professional onsite operations and administration.
6. High letting pool penetration, 18 of 22 units in the pool (approximately 90%), supporting steady accommodation revenue.
7. Long‑term accommodation agreement structure, 25 year module with 22 years remaining, providing contractual stability.
8. Complex guest facilities include two pools, spa, barbecue areas and WiFi, enhancing guest appeal and yield potential.
9. Practical extras include undercover parking and a lockup unit, improving amenity for guests and owners.
10. Manager’s residence is separate from other properties and seconds from the river, offering privacy and strong lifestyle/marketing advantages.

Management Rights Multiplier: 4.70
ROI Estimate: 12.74%