PROFITABLE COMPLEX IN PRIME NOOSAVILLE LOCATION
For the first time in over a decade, this complex located in the heart of Noosaville is up for grabs. Tightly held by the current managers, this profitable business 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 $70,000 Body Corporate salary 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.
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.
$70,000 Body Corporate salary
Three-bedroom manager's residence
Opportunity to grow letting pool
Short term letting
Easy-to-manage common facilities
Positioned for success
14 apartments in the letting pool
Well supported by Golden Chain and Wyndham Hotels.
Nett Income: $160,000
Manager's Unit Value: $750,000