Noosaville, Queensland

$305k Net Profit in Prime Noosa Location

$2,370,000

Business Description

CBMR is proud to exclusively present this outstanding management rights opportunity in the heart of Noosa.

Ideally positioned, just moments from the picturesque Noosa River and vibrant Gympie Terrace, this highly sought-after complex offers convenient access to Noosa's renowned lifestyle attractions.

The manager's residence is a beautifully renovated and spacious two-bedroom, two-bathroom apartment, complete with large office on title and courtyard/outdoor area.

This well-established management rights business delivers strong and consistent returns, combined with an excellent standard of living and straightforward day-to-day operations.

Resort-style guest facilities include three swimming pools and BBQ areas, all set within lush tropical gardens.

Key features include:
* Strong letting pool with high participation
* Long-term agreements in place
* Attractive body corporate salary
* Proven net income of $305,000 per annum

Opportunities of this calibre in Noosa are rarely available and should not be missed.
Inspection is highly recommended.

For further information and to arrange and inspection, please contact Alex Barker-Re.

Business Summary

Business Snapshot

Price: $2,370,000 Net Profit: $305,000 Remuneration / Body Corp Salary: $89,000Business Value: $1,375,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $995,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Spacious two bedroom two bathroom apartments, large office on title and courtyard/outdoor area.

Complex Information

Complex Type: HolidayTotal Units in Complex: 41Total Units in Letting Pool: 26Owner Occupy Units: 6Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesBBQ Area: Yes

Marketing Agent

Alex Barker-Ré

0414 83....

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established Noosa management rights business generating $305,000 net profit per annum.
2. Strong letting pool participation across 26 of the complex’s 41 units.
3. Long term accommodation agreement has 23 years remaining, supporting operational continuity.
4. Attractive $89,000 body corporate salary, reviewed annually in line with CPI.
5. Renovated two bedroom, two bathroom manager’s apartment includes an office on title and courtyard.
6. Resort style facilities include three swimming pools, BBQ areas and lush tropical gardens.
7. Prime location near the Noosa River, Gympie Terrace and Noosa’s lifestyle attractions.
8. Straightforward day to day operations and an established complex support manageable business ownership.
9. The offering combines the management rights business with a manager’s apartment valued at $995,000.

Management Rights Multiplier: 4.51
ROI Estimate: 12.87%