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Prime Noosaville Management Rights– High-Yield Investment Opportunity

$1.196M MR&$799k Unit = Total $1.995M

Resort / Holiday Management Rights, NOOSAVILLE QLD

Prime Noosaville Management Rights High-Yield Investment Opportunity

Discover an exceptional management rights opportunity in the heart of Noosaville, boasting a 16% ROI. Situated within a short walk of the Noosa River, Noosaville Foreshore, Gympie Terrace, and Thomas Street, this confidential listing offers an unparalleled location surrounded by a variety of restaurants, cafes, wine bars, and tranquil parklands. This strategic setting provides guests with a premium holiday experience.

Manager's Residence:

The spacious two-bedroom, two-bathroom managers apartment features a modern, fully renovated kitchen and upgraded bathrooms with frameless glass shower screens and full-height wall tiling. The primary bedroom includes a walk-in robe, and the second bedroom offers built-in robes for ample storage. Enjoy year-round comfort with split-system air-conditioning and ceiling fans throughout. The residence also includes a dedicated reception/office area and a private balcony. Enhanced security measures include security doors at the reception, back door, and balcony, along with CCTV monitoring of the reception area and three sections of the carpark.

Complex Highlights:

Noosa River Retreat offers well-appointed, one-bedroom, self-catering holiday apartments, each with views of the garden and pool. The ground and first-floor layout attracts a high volume of short-term guests, maximizing profitability compared to traditional long-stay resorts.

Financials & Key Features:

Net Profit exceeding $332,501.
Body Corporate Salary of $61,746.12 (including GST) with low-maintenance garden responsibilities.
17 units in the letting pool (out of 20), providing a stable and reliable income.
Ideal location for short-term stays, resulting in superior returns.
Established corporate clientele and a high rate of returning guests.
Significant 16% ROI, presenting a compelling investment for both new entrants and experienced operators seeking a lifestyle enhancement.
Onsite electric car charger, a valuable amenity for eco-conscious guests.
This is a unique chance to acquire a highly profitable management rights business in a coveted Noosaville location.

**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

  • 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.

Letting Business

  • Letting Pool: 16
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 2
    Number of units resided in by their owners.
  • Lock Ups: 1
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 1
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 20
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 56,113
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 23 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: No set hours
    Required Office Hours
  • Complex Features: 0
  • Real Estate Component

  • Manager's Unit:   2 2
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:

    Similar Properties

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    • Property ID: 21140549
    • Broker's Ref:
    • =755052
    • Last Update: 2 months ago.
    • Listing Type: Resort / Holiday
    • Price: $1.196M MR&$799k Unit = Total $1.995M
    • NOOSAVILLE, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


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