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Charming and Relaxing Noosaville
$2,150,000
Resort / Holiday management rights, Noosaville QLD
Noosaville is a charming and relaxing seaside location, the idea location to work and play.
Clearwater Noosaville has been home to the current owners since 2008. Time has come to give someone else the opportunity to love this wonderful lifestyle and benefit from this very successful holiday business. The unit has gone through renovations over the years providing a wonderful Master Suite, private courtyard area, comfortable living area and a convenient and functional office, all on title. Inspect this home now and tick that box. The business figures will help justify your decision to invest in this wonderful region and successful business.
Live in Noosaville and be close to everything people love about the Northern Sunshine Coast, visit the business website to learn more about the business and the local area. Love Golf? You will love the Golf Packages that current owners have put together over many years - a great point of difference to other local businesses.
All apartment photos in this listing are of the Managers residence and provide you with a clear idea of your living conditions, a beautifully renovated 2 bedroom. 2 bathroom apartment located on the ground floor and attached to the reception office. Lock up car park is included plus access to another car space if required.
-No Set Office Hours-
Managers choose to run Reception Office Hours for this popular Holiday Complex as follows:
Mon - Fri 9:00am - 4:30pm
Saturday 9:00am - 11:00am
Sunday 9:00am - 11:00am
Business includes modern Agreements that were re written in 2012 and now come with a 5 year option to 28 February 2042, plus a further 5 years to 28 February 2047, all are Gallery Vie compliant. Business continues to be run by a Mum and Dad operator with the contract cleaners attending to unit cleaning. Occupation Authority held over Linen Cupboard located on common property.
3 Pools and 2 BBQ areas at rear of complex provide guests with a lovely relaxing location when they are not our enjoying the Noosaville water front and surrounding areas.
Please contact the listing Agent for further details and to arrange your private inspection.
More Information
- Total Purchase Price: $2,150,000
- Net Income: $ 257,105
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
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?