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Exciting Management Rights Opportunity Available in Noosa Today

$1.196M MR&$799k Unit = Total $1.995M

Resort / Holiday Management Rights, NOOSAVILLE QLD

16 % ROI, Situated just a short walk from the beautiful Noosa River, Noosaville Foreshore, Gympie Terrace, and Thomas Street, the confidential Noosa MR listing enjoys an unbeatable location in the heart of Noosaville. Surrounded by a wide range of restaurants, cafes, wine bars, and serene parklands perfect for BBQs and picnics, this complex offers guests an exceptional holiday experience.

Managers Unit:

The managers apartment is a spacious two-bedroom, two-bathroom residence, featuring a modern & fully renovated kitchen. The bathrooms have been upgraded with frameless glass shower screens, full-height wall tiling, and two toilets. The primary bedroom includes a walk-in robe, while the second bedroom is equipped with built-in robes, offering ample storage space. A split-system air-conditioning unit and ceiling fans throughout the apartment ensure comfort year-round. The apartment also includes a reception/office area and a balcony. Security doors are installed at the reception, back door, and balcony, and the property is fitted with CCTV cameras monitoring the reception area and three sections of the carpark.

Complex Details:

Noosa River Retreat offers one-bedroom, self-catering holiday apartments, all with garden and pool views. Set across the ground and first floors, the complex attracts high volumes of short-term guests, leading to greater profitability compared to traditional long-stay holiday resorts.

Key Financials & Features:

Nett profit exceeding $332,501.
Body Corporate Salary of $61,746.12 (incl. GST) with low-maintenance gardens.
17 units in the letting pool (out of 20), ensuring a steady income stream.
Central location perfect for short stays, yielding higher returns.
Established corporate client base and high demand from returning guests.
ROI 16%, making this an attractive opportunity for newcomers or couples seeking a lifestyle change.
Onsite electric car charger for guest use.

This is a rare opportunity to acquire a highly profitable management rights business in a prime Noosaville location. For more details, contact Geoff Hatchman at Ras360 Property Solutions today.

**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

  • Total Purchase Price: $1.196M MR&$799k Unit = Total $1.995M
  • Net Income: $ 322,501 (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.

Letting Business

  • Letting Pool: 16
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 2
    Number of units resided in by their owners.
  • Lock Ups: 1
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 1
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 20
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 56,113
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 23 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: No set hours
    Required Office Hours
  • Complex Features: 0
  • Real Estate Component

  • Manager's Unit:   2 2
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:

    PCS Finance

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    • Property ID: 21140549
    • Broker's Ref:
    • =755052
    • Last Update: 1 month ago.
    • Listing Type: Resort / Holiday
    • Price: $1.196M MR&$799k Unit = Total $1.995M
    • NOOSAVILLE, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


    PCS Finance

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