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Noosa - Sunshine Beach â Prime Position Boutique Resort
P.O.A.
Resort / Holiday management rights, Sunshine Beach QLD
EXCLUSIVE TO CRE BROKERS. Nestled in the lush heart of Sunshine Beach and bathing in the benefits of the beachside village atmosphere. Only minutes to the world-renowned Hastings Street at Noosa Heads with its restaurant culture and fashion boutiques.
This Resort Management Rights business ticks all the boxes for the seasoned or first time operator:
. Excellent body corporate salary and room for growth in letting pool
. Supportive Body Corporate Committee
. Luxurious recently renovated 3 bedroom, 2 bathroom manager's residence with ocean views
. Ground floor office reception on title.
The vast Pacific Ocean at your doorstep soothes the climate, cooling the summers and warming the winters. Regardless of season, the climate remains ideal, promoting the unique laid-back village atmosphere and inviting Sunshine Beach culture.
TOTAL NUMBER OF UNITS : 14
UNITS IN LETTING POOL : 10
NET PROFIT : $197,081
MANAGER'S RESIDENCE3 bedroom, 2 bath (recently renovated)
REAL ESTATE PRICE :At Valuation
BUSINESS PRICE: $545,000
More Information
- Total Purchase Price: P.O.A.
- Net Income: $ 197,081
(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