Redefining waterfront viewsâ Noosavilleâs absolute paradise management rights | Resort Brokers ID : MR008048
$3,050,000
Resort / Holiday Management Rights, Noosaville QLD
Why settle for water views when you can have your very own beach? Seize this extraordinary, once-in-a-lifetime opportunity to secure the management rights and attached townhouse in Noosaville. This remarkable venture seamlessly combines a thriving business with an enviable coastal lifestyle in a prime location.
The resort enjoys a prestigious northern aspect, with an impressive 61 meters of sandy riverfrontage along the Noosa River. Its unparalleled views and direct river access make it a sought-after destination for tourists and locals. The propertys two jetties and endless water vistas set it apart, making it a rare find.
The resorts business performance is robust, with a comfortable net income exceeding $400,000. Incoming managers have substantial opportunities for revenue expansion, further enhancing this high-return investment in athriving tourism hotspot.
This opportunity offers an unmatched package, making it an extraordinarily rare business venture in a tourism hotspot.
- Prime business with a northern aspect and 61 metres of river frontage on Noosa River
- Stable net income over $400,000 with potential for further growth.
- The property features two lagoon-style pools and a heated spa
- Accommodation options to suit all budgets, from pool view villas to waterfront townhouses
- Manager’s residence includes a spacious 2.5-bedroom, 2-bathroom, 2-storey townhouse with twoprivate outdoor areas
- Secure investment with a history of successful top-ups and 22 years of tenure remaining
- High-return opportunity in a thriving tourism hotspot with strong forward bookings and business momentum
- Inspections by appointment only
Date updated: 21 Apr 2024 23:00:06
More Information
- Total Purchase Price: $3,050,000
- Net Income: $ 401,622
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 975,000
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
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?