Apartment and Management Rights For Sale
Not only are you buying a spacious 3 bed apartment with a substantial balcony, but also the Management Rights business for this peaceful holiday resort with wonderful water views over Noosa Sound and North Shore. The total price for this fantastic opportunity is $1,975,000, the purchase price for the Management Rights being $1,280,000, currently showing a great net return of $271,000 per year. So if you've been thinking about moving to Noosa but wondered how you'd achieve a great income then this is the ideal opportunity.
There are currently 21 units in the holiday letting pool with room for growth, a newly renovated pool area and large, beautifully manicured lawns. Hastings Street and Noosa Junction are close by with their array of boutiques, cafes, bars and restaurants – and not forgetting the world famous Main Beach and stunning National Park. Also has access to a small private beach on Noosa Sound.
Please don't hesitate to contact Sean & Nikki Cox for detailed financial figures or to arrange an inspection.
Net Profit: $271,000
Managers UnitValue of Managers Apartment: $695,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No
Complex InformationComplex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 21Holiday Units: 21Owner Occupy Units: 11Outside Agent Units: 2Lockup Units: 1Manager Units: 1Agreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: Yes