Tightly held Noosa Riverfront position

$3,200,000

Resort / Holiday management rights, Noosaville QLD

A premium opportunity is now available to acquire the management rights to a highly regarded Noosa Resort, ideally positioned on the prestigious Gympie Terrace riverfront one of Noosas most tightly held and consistently performing accommodation precincts.

This well-established and thriiving business offers a compelling combination of strong, proven income, excellent accommodation assets, and an enviable lifestyle in one of Australias most desirable destinations. The total purchase price is $3,200,000, delivering a solid net profit of $407,000, including a Body Corporate salary of $102,000 (excluding GST) a robust and reliable income stream that will appeal to experienced operators and lifestyle investors alike.

The letting pool is both substantial and stable, comprising 23 of the resorts 25 townhouses, demonstrating strong owner confidence and long-term viability. In addition, the business benefits from five external letting luxury villas located in an adjacent building, further diversifying income and enhancing overall profitability.

Guest facilities include a stunning heated pool and childrens wader, a hot spa and sauna, barbecues, and a tennis court set amongst tropical gardens, all of this is complented by a healty sinking fund.

A standout feature of this offering is the quality of the managers real estate. The managers residence is a spacious two-storey, three-bedroom, two-bathroom townhouse with beautiful Noosa River views, providing comfortable, private living in a premium location. The managers office is held on a separate title, owned by the manager, and enjoys a prime riverfront position, offering excellent visibility and convenience. Both the residence and office are superbly located directly on Gympie Terrace, placing the business at the heart of Noosas iconic river precinct.

This management rights opportunity represents an ideal balance of strong financials, quality assets, and an enviable lifestyle. Added to this, is the potential for new management to improve occupancy, establish refurbishment plans and leverage tariffs through dynamic pricing strategies. With riverfront living, a secure income base, and further potential for operational efficiencies and growth, this is a rare chance to secure a premium management rights business in one of Queenslands most sought-after coastal locations.

Opportunities of this calibre on Gympie Terrace are seldom offered. Inspection is highly recommended.

More Information

Financial Overview

Total Purchase Price: $3,200,000
Net Income: $ 407,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,450,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.3
_{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: 23
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{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: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 25
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 102,000
_{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: 21 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 35 years
_{How long has the management rights existed.}

Office Hours:
_{Required Office Hours}

Complex Features: Guest facilities include a stunning heated pool and childrens wader, a hot spa and sauna, barbecues, and a tennis court set amongst tropical gardens, all of this is complented by a healty sinking fund.

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,450,000
_{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: Yes
_{Can the manager own a pet on site?}

Unit Features: The managers residence is a 3 bed 2 bath townhouse with Noosa River views. The managers office is a separate lot owned by the manager. Both managers 2 storey townhouse and office are on the Gympie Terrace Riverfront location!