Noosa Boutique Management Rights Resort. $180k Net Profit - 1P4740MR
As the Exclusive Agency, CRE Brokers are proud to present this beautiful boutique resort Management Rights for Sale. Well positioned Noosaville location, just far enough away from the hustle and bustle of the main street.
The position is peaceful and quiet, yet just around the corner, you have all that Noosaville has to offer - eateries, boutiques and the stunning Noosa River. The Boathouse & Noosa Sailing Club are also in very close proximity.
This delightful property is well suited to a first time Management Rights purchaser as it is very easy to operate with minimal duties. One of the owners actually spends much of his time working offsite. It is a genuine "Lifestyle Business" generating a healthy $3,490 per week Net Profit to the Manager or Managers. 24 years remaining on agreements.
Another huge plus for this business is that there are NO set office hours within the management agreements. As long as you officially reside onsite, you can open and close the reception at your leisure.
TOTAL NUMBER OF UNITS: 12
UNITS IN LETTING POOL: 9
MANAGERS RESIDENCE: 3 bedroom/2 bathroom (ensuite to main and modern open plan living with private BBQ entertaining deck and Caesarstone kitchen)
NET PROFIT: $180,000 (accountant verified)
REAL ESTATE PRICE: $690,000
BUSINESS PRICE: $805,000
TOTAL ASKING PRICE: $1,495,000
Price: Management Rights $1,495,000
Net Profit: $180,000 Remuneration / Body Corp Salary: $32,452Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $690,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Complex InformationComplex Type: HolidayTotal Units in Complex: 12Total Units in Letting Pool: 9Holiday Units: 9Owner Occupy Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesSauna: YesBBQ Area: YesPay TV: YesWIFI: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Sunshine Coast