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Zoned Short Stay on the Noosa River
Noosaville
Noosaville, QLD, 4566
Tropical boutique resort in enviable position right opposite the pristine Noosa River on Gympie Terrace affectionately known as Eat Street by locals.
This easy to manage 11 unit resort is zoned short-stay so no owner occupiers now or ever! With brand new 25 year agreements in place this simple and straight forward business model has excellent systems in place and great capital gain potential. No requirement to live on-site or even in the immediate area, but if you do, the managers unit is spacious and comfortable with gorgeous water views and a large yard with private BBQ area. The live off site option would allow you to put the managers unit into the letting pool, which would earn the manager an additional $40k approx. This rare business opportunity is one to take advantage of whether you're a newcomer to the management rights business or an old hand.
Key Highlights
Superior location overlooking the river and close to all amenities
Proximity to Sunshine Coast tourist attractions
Solid existing short-term letting pool and high guest return rate
Redeveloped motel with zoned short stay and no owner occupiers
Permission to live offsite if desired (no radius specified) and put the managers unit into the letting pool
Ideal building for start-up or experienced management couple
Heated salt water pool
Stable letting pool with many loyal returners
Up to date maintenance history
Rated highly by Booking.com
Nett Income: $179,155
Manager's Unit Value: $1,195,000
Remuneration: $28,573
Amenities
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Swimming Pool
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Cable TV
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BBQ Facilities