Proudly supported by all of the industry's leading brokers
** PRICE REDUCTION *** Noosa River living
$1.06M MR&$765k Unit = Total $1.825M
Resort / Holiday Management Rights, NOOSAVILLE QLD
Best Value MR on the beautiful Sunshine Coast with spacious 3 Bedroom 3 bathroom villa NOOSAVILLE
25 year agreement and excellent processes in place for a smooth transition.
This popular family-friendly resort that is perfectly positioned in Noosaville and a short walk to the beautiful Noosa River and award winning restaurants and close to excellent schools. This award-winning holiday resort has a strong occupancy rate consistent throughout the year, solid future bookings and ever-increasing revenue with more opportunity for growth.
The resort has undergone significant capital improvements over the past few years, including the pool area and gardens. There are Long Agreements in place, the Office / Reception is on Title and there are several exclusive-use storage facilities.
Attractively priced with a solid ROI over 15%.
The Managers unit is the biggest three bedroom / three bathroom in the complex, complete with private courtyard and lawn area/garden. Potential to grow and increase profit, and work in beautiful Noosaville.
Genuine buyers please call to arrange an inspection.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.06M MR&$765k Unit = Total $1.825M
- Net Income: $ 274,185
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 765,000
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?