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Easy to Run Resort Motel
$1,350,000
Resort / Holiday management rights, Noosa Heads QLD
Seize the chance to acquire an easy-to-manage business with a remarkable 19% ROI, located just moments from the best of Noosa and Sunshine Beach. This is a prime investment in a high-demand area.
The manager's residence is a spacious two-level, two-bedroom home with an attached, on-title officeconvenient and well-suited for a comfortable work-life balance.
The letting pool features stylish one-bedroom apartments, complete with equipped kitchens, cozy living areas, and large bathrooms, all offering effortless access to the resort's central pool area.
As one of the few resorts in Noosa offering overnight accommodation, this property is a rare gem in Noosa operating at above 80% occupancy year round !
More Information
- Total Purchase Price: $1,350,000
- Net Income: $ 253,046
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 785,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.2
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?