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Major Price Drop Exceptional Investment 18.7% ROI Dream Lifestyle Location!
$560k MR&$790k Unit = Total $1.35M
Resort / Holiday Management Rights, NOOSA HEADS QLD
Take advantage of this unique opportunity to manage Chez Noosa Resort, a charming property located in the highly sought-after Noosa/Sunshine Beach area. This resort is nestled amidst vibrant tropical gardens, creating a serene atmosphere for guests to relax and unwind. With a total of 28 lots, including 20 well-appointed one-bedroom apartments in the rental pool, the property caters perfectly to various clientele. Its prime location provides easy access to both Sunshine Beach and Noosa Junction, making it an ideal choice for couples, business travelers, and spontaneous visitors seeking a getaway.
This exceptional property is available at an attractive 2.25x multiplier, making it an incredible investment opportunity. The resort's convenient proximity to stunning beaches ensures that guests have numerous recreational activities at their fingertips, along with a variety of shopping, dining, and caf options just a short distance away.
Guests will enjoy excellent amenities, including a heated swimming pool, a relaxing spa, BBQ facilities, and beautifully landscaped gardens that enhance their stay. Each apartment has been thoughtfully modernized, featuring updated kitchens, bathrooms, furnishings, and bedding to ensure comfort and convenience.
The operational flexibility is a significant advantage, as there are no mandatory office hours. This setup makes the business easy to manage, making it suitable for individuals or couples who can engage cleaning staff as needed. The resort has earned a strong reputation, particularly among couples and returning guests, resulting in impressive forward bookings that reflect its popularity.
Discover a fantastic management rights opportunity at Chez Noosa Resort, where smooth operations align with high guest satisfaction. With its blend of comfort, convenience, and stunning surroundings, this property presents an unparalleled opportunity to step into a thriving business and lifestyle. Embrace your future in this vibrant Noosa locale, where you can enjoy the best that the Sunshine Coast has to offer.
More Information
- Total Purchase Price: $560k MR&$790k Unit = Total $1.35M
- Net Income: $ 253,046
(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