Sunshine Beach, Queensland
Noosa - Sunshine Beach – Prime Position Boutique Resort - 1P6164
Management Rights POA
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 : At Valuation
BUSINESS PRICE : $545,000
Business Summary
Business Snapshot
Price: Management Rights POA
Net Profit: $197,081 Remuneration / Body Corp Salary: $54,000Body corp salary review: CPI Annually
Managers Unit
Bedrooms: 4Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: NoModern 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 CoastKey Investment Insights
1. Prime location in the heart of Sunshine Beach, only minutes from Hastings Street in Noosa Heads.
2. Boutique resort with a total of 14 units, 10 of which are in the letting pool.
3. Recently renovated 3 bedroom, 2 bathroom manager's residence with ocean views.
4. Ground floor office reception on title.
5. Excellent body corporate salary with room for growth in the letting pool.
6. Supportive Body Corporate Committee.
7. Ideal climate with the Pacific Ocean at the doorstep, promoting a laid-back village atmosphere.
8. Net profit of $197,081.
9. Management rights business with a business price of $545,000.
10. Manager's unit is modern and luxurious with an easterly facing balcony and ocean views.
11. Complex type is holiday with a total of 14 units in the complex.
12. Agreement term of 10 years with 17 years remaining.
13. On-site pool and BBQ area for guests to enjoy.
14. Other features include management rights, QLD - Sunshine Coast location.
