Hastings Street Noosa

Noosa Heads, QLD, Australia

Property Info

Location
Noosa Heads, QLD, Australia
Price
$2,450,000
Property Type:
Noosa Management Rights
Status:
For Sale
Code :
S226

Property Description

This is an exceptional opportunity to acquire a business in the Blue Chip location of Hastings St and live the Noosa lifestyle. Boutique complex in excellent position facing on to world renowned Hastings Street and abutting leafy Noosa Woods. The complex also backs on to a canal and has a private jetty that the guests can use.

Tasteful 2 bedroom Managers unit north facing over Hastings Street and a separate office also on title. Currently run by a single operator. Plenty of scope to improve the figures with an occupancy rate that is well below the Hastings St average of 80% +.

Financial Details

Nett Income:
$285,000
Remuneration:
$35,000 ex GST

Manager's Unit

Number of Bedrooms:
2
Manager's Unit Value:
$950,000

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
21
Units in Letting Pool:
13
Lock Up:
1

Property Facilities

  • Cable TV
  • Security Undercover Parking
  • WI-Fi

Map

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