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Discover Your Dream Investment Opportunity in Noosa Heads circa 15% ROI

$2,055,000

Resort / Holiday Management Rights, NOOSA HEADS QLD


Nestled within the stunning coastal paradise of Noosa Heads, this exceptional property offers not only a lucrative profitable growing business opportunity but also a lifestyle filled with luxury and relaxation. With spacious apartments framed by a lush tropical garden setting, this investment promises both aesthetic appeal and a strong circa 15% return on investment. This fantastic business features a beautifully renovated two-bedroom apartment, boasting air conditioning throughout and an expansive balcony. Enjoy jaw-dropping views of the Sunshine Coast Hinterland, where every sunrise and sunset transforms your living space into a spectacular retreat!

Potential buyers will appreciate the modern amenities, including a pristine swimming pool heated for winter enjoyment and an inviting BBQ area that fosters a community atmosphere among guests. The propertys strategic location provides off-street underground parking and eliminates traffic noise, enhancing the overall guest experience. Air conditioning and ceiling fans ensure comfort throughout the year, while free wireless internet connectivity appeals to both leisure and business travelers with stunning Hinterland views, and positioned very central in Noosa Heads.

This investment is just a five-minute walk from the trendy Noosa Junction, where a vibrant array of restaurants, cafes, and shops await exploration. Just twelve minutes on foot or a quick three-minute drive brings you to the iconic Noosa Main Beach and Hastings Street, home to some of the areas best attractions.

Living in Noosa Heads means embracing an enviable lifestyle characterized by a harmonious blend of natural beauty and modern convenience. This vibrant coastal haven boasts stunning beaches, lush national parks, and a picturesque river, making it a paradise for nature lovers and adventure seekers alike. Residents can indulge in breathtaking sunsets that paint the sky in vibrant hues, offering a daily reminder of the extraordinary surroundings.

Noosa Heads is renowned for its idyllic climate, allowing for year-round outdoor activities. Whether its surfing the waves at Noosa Main Beach, exploring scenic walking trails in the nearby Noosa National Park, or enjoying a peaceful picnic by the river, theres no shortage of ways to connect with nature. The area also offers a plethora of recreational opportunities, from hiking and cycling to kayaking and paddleboarding, ensuring that residents can lead an active and healthy lifestyle.

In addition to its natural splendor, Noosa Heads is home to a wealth of dining and shopping options that cater to diverse tastes and preferences. The trendy Noosa Junction features a charming mix of boutique shops, cafes, and gourmet restaurants, providing residents with endless culinary adventures. Farmers' markets and local festivals further enrich the community's spirit, bringing people together to celebrate the region's unique offerings.

With its vibrant community atmosphere, Noosa Heads is ideal for families, retirees, and anyone seeking a peaceful yet engaging environment. The sense of belonging and camaraderie among residents fosters a welcoming atmosphere that makes it easy to feel at home.

Investing in property in Noosa Heads means more than just acquiring real estate its an opportunity to immerse yourself in an extraordinary lifestyle. Experience the best of Australian coastal living in one of the countrys most sought-after destinations, where every day offers the chance to enjoy the outdoors, indulge in delectable cuisine, and relish the warmth of a close-knit community.


Nett Profit: $302k
-Business Price: $1.110M @ 3.6x
-Unit Price: $945K
-Total Price: $2.055M
-22 years remaining on Accommodation module
- ROI- 15%

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


More Information

Financial Overview

  • Total Purchase Price: $2,055,000
  • Net Income: $ 300,381 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 955,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 3.7
    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: 17
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 3
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    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: $ 52,154
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 35 years
    How long is the caretaking contract.
  • Agreement Remaining: 25 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: M-F 8-5 SATSUN 9-12
    Required Office Hours
  • Complex Features: Fully renovated managers unit with a fantastic view0
  • Real Estate Component

  • Manager's Unit:   2 1
  • Included Real Estate: $ 955,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: No
    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: 21151603
    • Broker's Ref:
    • =755052
    • Last Update: 1 week ago.
    • Listing Type: Resort / Holiday
    • Price: $2,055,000
    • NOOSA HEADS, 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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