Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Sunshine Beach location, minutes from Hastings Street Noosa Heads, offering strong tourism and dining/retail adjacency.
2. Boutique holiday complex, total 14 units, with the majority in the letting pool; 11 units in pool, one managed by an outside agent, two lockup units.
3. Established net profit $197,081, indicating profitable operating performance.
4. Business asking price $545,000, real estate price $1,430,000, combined Management Rights listing $1,975,000.
5. Body corporate salary $54,000, paid remuneration with CPI annual review, and a supportive body corporate committee.
6. Manager’s residence is recently renovated, easterly-facing with ocean views, master ensuite, on-title office and ground-floor reception included.
7. Agreement structure shows a 10 year term with 17 years remaining, suggesting long-dated contractual security.
8. Onsite amenities include a pool and BBQ area, enhancing guest appeal and letting potential.
9. Climate advantage from immediate ocean proximity, providing year-round mild conditions and village beach culture appeal.
10. Low-complex scale and boutique positioning (14 units) favour hands-on management and potential for personalised guest experiences.
11. Pets not permitted, which may reduce wear and align with higher-end holiday guest expectations.
