Uber-Luxury Management Rights in Noosa Heads | Resort Brokers ID : MR008705

$1,460,000

Resort / Holiday Management Rights, Noosa Heads QLD

ResortBrokers is delighted to present an unparalleled opportunity to acquire award-winning management rights in vibrant Noosa Heads. This business and office purchase includes 181 lots, with 25 in the letting pool, delivering an impressive return on investment. Backed by a superior body corporate salary and streamlined caretaking duties via the principal scheme, the opportunity is ideally suited to experienced operators. The architecturally designed complex features premium residences and resort-style facilities. This is a rare, first-time-to-market opportunity that wont last long.

- Onsite office sold as a separate lot, enhancing security and appeal
- Well balanced body corporate body salary of $217,991 plus CPI annually
- Delivers a strong return on investment and competitivemultiplier
- Architecturally designed complex with premium residences and resort-style facilities
- Management deal with the principal scheme covers all caretaking works, streamlining the workload for new managers
- Diversified income from body corporate salary and letting commission
- Opportunity for new management to tap into sales, creating an additional, lucrative revenue stream
- Owned by the developer, this opportunity provides new managers a seamless and promising fresh start
- Inspections are by appointment only
Date updated: 26 May 2025 23:00:02

More Information

Financial Overview

Total Purchase Price: $1,460,000
Net Income: $ 386,036 (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: 25
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 139
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 17
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 196
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 217,991
_{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 Office Hours
_{Required Office Hours}

Complex Features: Between Noosa Springs and Noosa Junctionâs Girraween Sports Complex, bounded on one side with Girraween Reserve and Noosa National Park West on the other, is the newest addition to the Noosa map, The stunning apartment development called Parkridge Noosa. Located in what was the old sand quarry, this brand new residential development ofapartments, townhomes and townhouses includes a 2,000sqm park, cafe/deli, restaurant, gym and 25m swimming pool. Facing the northern edge of Lake Weyba, it is centrally located with the Junct and Farmers Markets walking/cycling distance. Premium apartments and townhome residences immersed in natural parkland, with panoramic lake views Parkridge is Noosa's hidden treasure Exquisitely designed by Blackburne Jackson Architects There is also direct access to the stunning heated 25m swimming pool and state of the art gymnasium plus Escape to resort-style living in the newly established Parkridgeresidential complex, surrounded by natural parkland but minutes away from Hastings Street, Noosa Beach, and Noosaville dining. Guests can also enjoy the relaxing cycleways and the Noosa Springs golf course at their doorstep. Parkridge Noosa is adjacent to the Noosa Springs golf and spa complex withclubhouse restaurant, tennis courts, spa and championship golf course.