Buy

Management Rights

For Sale Exclusive

Business Only in Prime Noosaville Location

Noosaville

Noosaville, QLD, 4566

Manager's Unit:
3 Bedrooms
1 Bathrooms
1 Parking

For the first time in over a decade, the management rights for this well positioned complex in the heart of Noosaville are up for grabs. Tightly held by the current managers, this profitable business only offering is easily managed by a single operator, perfect for those new to the industry. There's also plenty of room for growth and expansion for savvy operators to increase net profit.

Boasting a healthy $73,000 Body Corporate salary, great ROI and currently featuring 14 apartments in the letting pool, there's plenty of potential to increase the ADR and generate even more revenue and further opportunity to grow the letting pool.

There is also an opportunity to purchase the managers unit for $750,000. Unique and well appointed containing 3 bedrooms and a large balcony overlooking the river. Separate to the office, so you can get some peace and quiet when needed. 

With easy-to-manage common facilities and a prime location right next to the river, this complex is perfectly positioned for success. 
Don't miss out on this chance to own and operate a thriving business in one of the most desirable locations on the Sunshine Coast. 

Key Highlights
- $73,000 Body Corporate salary
- Great bolt on business
- No requirement to reside onsite
- Opportunity to grow letting pool
- Short term letting
- Easy-to-manage common facilities
- Positioned for success
- 14 apartments in the letting pool

Nett Income: $160,000
Remuneration: $73,000

Amenities

  • Spa
  • Tennis Court
  • Swimming Pool
  • Cable TV
  • BBQ Facilities
  • Undercover Parking
  • Wi-Fi

Map

Noosaville, QLD, 4566