Key Investment Insights
AI generated. Confirm details with the seller.
1. Total acquisition comprises a $255,000 management rights business and $900,000 managers residence, priced at $1.125 million.
2. Reported net profit is $100,533, with remuneration and body corporate salary of $57,294.
3. Fully renovated three bedroom, two bathroom managers residence offers comfortable onsite living beside reception.
4. Popular resort includes beautifully maintained grounds, heated swimming pool and spa supporting guest appeal and repeat bookings.
5. Noosaville location provides direct Noosa River access alongside nearby shopping, dining and outdoor activities.
6. Agreement has 17 years remaining, with potential to extend to 25 years for longer term security.
7. The complex contains 21 units, including 10 in the letting pool, eight owner occupied and two lockup units.
8. Onsite residence beside reception supports convenient property oversight and an integrated lifestyle.
Management Rights Multiplier: 2.24
ROI Estimate: 8.94%