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New Noosa Management Rights Opportunity - Prime Location
$2,455,000
Resort / Holiday management rights, Noosaville QLD
CBMR is proud to exclusively present this outstanding management rights opportunity in the heart of Noosa.
Ideally positioned just moments from the picturesque Noosa River and vibrant Gympie Terrace, this highly sought-after complex offers convenient access to Noosas renowned lifestyle attractions.
The managers residence is a beautifully renovated and spacious two-bedroom, two-bathroom apartment, complete with large office on title and courtyard/outdoor area.
This well-established management rights business delivers strong and consistent returns, combined with an excellent standard of living and straightforward day-to-day operations.
Resort-style guest facilities include three swimming pools and BBQ areas, all set within lush tropical gardens.
Key features include:
Strong letting pool with high participation
Long-term agreements in place
Attractive body corporate salary
Proven net income of $300,000 per annum
Nett $300,000pa. Total Price: $2,455,000
Opportunities of this calibre in Noosa are rarely available and should not be missed.
Inspection is highly recommended.
For further information, please contact Alex:
alex@ | 0414 835 128
More Information
- Total Purchase Price: $2,455,000
- Net Income: $ 300,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 995,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.9
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?