Noosaville, Queensland

$1,432,500

Property Description

160,000 Reasons why you should buy this Holiday Resort

Management Rights just got a whole lot better with this Boutique complex.
Currently, this management couple enjoy a delightful operation mixed with a great work life balance. If you would be happy to earn $160,000 net income per year and your partner still maintain their own career, then this may be your perfect option. Enjoy your down time relaxing by the river.
The perfect lagoon style swimming pool, spa bath and BBQ domain is ideally positioned for all to access, yet easy enough to maintain.
• Managements 25 year exclusive caretaking and letting agreements have 20 years to run.
• 8 of 11 lots are exclusively rented by onsite management (70%).
• A spacious air-conditioned elevated manager's unit with 3 bedrooms, 2 bathrooms and private large balcony.
• Light filled, detached air-conditioned ground floor office on title.
• Body Corporate Remuneration $31,878 ex gst (adjusted annually to CPI)
• Nett Profit $160,555 (includes body corporate remuneration)
• Manager's Unit & Office Price $710,000
• Business Price $722,500
• Price $1,432,500

This beautiful property is nestled within the Noosaville precinct of riverside cafes, restaurants, walking paths, swimming holes, fishing spots, parks and water sports.
Inspection by appointment will impress.

Property Summary

Business Snapshot

Price: $1,432,500 Net Profit: $160,000 Remuneration / Body Corp Salary: $31,878

Managers Unit

Value of Managers Apartment: $710,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: HolidayTotal Units in Complex: 12Total Units in Letting Pool: 8Holiday Units: 8Owner Occupy Units: 2Agreement Term: 20 yearsAgreement Term Remaining: 19 years to 2037 years

Marketing Agent

  • Sasha Jancevski

  • 0406 075 270
  • 0406 075 270
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Sasha Jancevski
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Noosaville, Queensland 4566 Exact map location not provided

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