Sunshine Beach, Queensland

Noosa Sunshine Beach Prime Position Boutique Resort

Management Rights $1,975,000

Business Description

EXCLUSIVE TO CRE BROKERS , Nestled in the lush heart of Sunshine Beach and bathing in the benefits of the beachside village atmosphere. Only minutes to the world-renowned Hastings Street at Noosa Heads with its restaurant culture and fashion boutiques.

This Resort Management Rights business ticks all the boxes for the seasoned or first time operator:

. Excellent body corporate salary and room for growth in letting pool;
. Supportive Body Corporate Committee;
. Luxurious recently renovated 3 bedroom, 2 bathroom manager's residence with ocean views;
. Ground floor office reception on title.

The vast Pacific Ocean at your doorstep soothes the climate, cooling the summers and warming the winters. Regardless of season, the climate remains ideal, promoting the unique laid-back village atmosphere and inviting Sunshine Beach culture.

TOTAL NUMBER OF UNITS : 14
UNITS IN LETTING POOL : 10
NET PROFIT : $197,081

MANAGER'S RESIDENCE: 3 bedroom 2 bath (recently renovated)

REAL ESTATE PRICE : $1,430,000
BUSINESS PRICE : $545,000

Business Summary

Business Snapshot

Price: Management Rights $1,975,000 Net Profit: $197,081 Remuneration / Body Corp Salary: $54,000Business Value: $545,000Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 4Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No

Modern and luxurious with easterly facing balcony and ocean views. Renovated in 2019. Master bedroom with ensuite.

Complex Information

Complex Type: HolidayTotal Units in Complex: 14Total Units in Letting Pool: 11Outside Agent Units: 1Lockup Units: 2Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 17 yearsPool: YesBBQ Area: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Sunshine Coast

Marketing Agent

Craig Clark

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime Sunshine Beach location, minutes from Noosa Heads’ Hastings Street, restaurants and fashion boutiques.
2. Established holiday complex comprising 14 units, with 11 units recorded in the letting pool.
3. Net profit of $197,081 supported by a $54,000 body corporate salary reviewed annually by CPI.
4. Recently renovated manager’s residence offers three bedrooms, two bathrooms, an ensuite and ocean views.
5. Ground floor office reception is included on title, providing dedicated operational infrastructure.
6. Supportive Body Corporate Committee and a 10 year agreement with 17 years remaining provide operational continuity.
7. Resort facilities include a swimming pool and barbecue area, complementing the holiday accommodation offering.
8. The listing identifies room for growth in the letting pool for a future operator.