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Letting Pool: 9
Number of units the manager is authorised to manage.
Owner Occupiers: 1
Number of units resided in by their owners.
Lock Ups: 3
Number of units owners are not renting out, but also do not live in.
Outside Agents: 0
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 13
The total number of units within the complex.
Remuneration: $ 78,304
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 10 years
How long is the caretaking contract.
Agreement Remaining: 8 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 0 years
How long has the management rights existed.
Office Hours:
Required Office Hours
Complex Features: Resort facilities include:Swimming Pool heated in winterFitness centre with sauna gymnasium bathroomsLift access to all levelsSecure undercover car parkingBeach equipment hirePrivate side access to Hastings StreetSecurity cameras
Manager's Unit: 2
2
Included Real Estate: $ 2,400,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 1
Office On Title: 1
Is there a manager's office included on the title?
Pets: No
Can the manager own a pet on site?
Unit Features: The managers unit at Picture Point Terraces offers a spacious two-bedroom layout with an ensuite, designed for modern coastal living. Featuring a large balcony with views
Sensational Noosa Views
$3,800,000
Resort / Holiday management rights, Noosa Heads QLD
Picture Point Terraces stands as an impeccably maintained complex nestled in a prime, elevated Noosa Heads location, offering absolutely stunning ocean views, proximity to shopping, dining, outdoor amenities, and popular tourist spots. This remarkable business opportunity presents itself as an unmissable prospect. Whether venturing into the field for the first time or seeking a seamlessly managed business, Picture Point Terraces offers an inviting opportunity.
More Information
- Total Purchase Price: $3,800,000
- Net Income: $ 470,248
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 2,400,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.0
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?