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Exciting Noosa Management Rights Opportunity!
$1.196M MR&$799k Unit = Total $1.995M
Resort / Holiday Management Rights, NOOSAVILLE QLD
Situated just a short walk from the beautiful Noosa River, Noosaville Foreshore, Gympie Terrace, and Thomas Street, the confidential Noosa MR listing enjoys an unbeatable location in the heart of Noosaville. Surrounded by a wide range of restaurants, cafes, wine bars, and serene parklands perfect for BBQs and picnics, this complex offers guests an exceptional holiday experience.
Managers Unit:
The managers apartment is a spacious two-bedroom, two-bathroom residence, featuring a modern & fully renovated kitchen. The bathrooms have been upgraded with frameless glass shower screens, full-height wall tiling, and two toilets. The primary bedroom includes a walk-in robe, while the second bedroom is equipped with built-in robes, offering ample storage space. A split-system air-conditioning unit and ceiling fans throughout the apartment ensure comfort year-round. The apartment also includes a reception/office area and a balcony. Security doors are installed at the reception, back door, and balcony, and the property is fitted with CCTV cameras monitoring the reception area and three sections of the carpark.
Complex Details:
Noosa River Retreat offers one-bedroom, self-catering holiday apartments, all with garden and pool views. Set across the ground and first floors, the complex attracts high volumes of short-term guests, leading to greater profitability compared to traditional long-stay holiday resorts.
Key Financials & Features:
Nett profit exceeding $332,501.
Body Corporate Salary of $61,746.12 (incl. GST) with low-maintenance gardens.
17 units in the letting pool (out of 20), ensuring a steady income stream.
Central location perfect for short stays, yielding higher returns.
Established corporate client base and high demand from returning guests.
ROI 16.6%, making this an attractive opportunity for newcomers or couples seeking a lifestyle change.
Onsite electric car charger for guest use.
This is a rare opportunity to acquire a highly profitable management rights business in a prime Noosaville location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.196M MR&$799k Unit = Total $1.995M
- Net Income: $ 322,501
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours