Live off Site

7 Edward Street, Noosaville QLD, Australia

Financial Details

Location
7 Edward Street, Noosaville QLD, Australia
Price
$1,520,000
Property Type:
Sunshine Coast Management Rights
Status:
Nett Income :
$219,842
Remuneration :
$50,872

Property Description

Situated among landscaped tropical gardens, this picturesque complex is home to 20 light-filled, one- and two-bedroom self-contained holiday apartments with private balconies and views of the district, swimming pool and gardens.

This resort offers guests a perfect tranquil haven for couples, whether it be a honeymoon, romantic getaway, or just a few quiet days to soak up the sunshine. Investors will also enjoy attractive yields and strong occupancy rates in this sought-after location.

Key highlights

Superior location close to all amenities

Solid short-term letting pool with high guest return rate

Historic maintenance history

Ideal building for a start-up or experienced management couple

This resort is a well-presented building located in a prime position to take advantage of water and parkland views plus being close to shopping facilities and eateries. It features very supportive owners as well as strong repeat business with solid year-round demand and excellent trip advisor reviews.

Of importance is the option for managers to live offsite.

This rare business opportunity is one to take advantage of whether you're a newcomer to the management rights industry or an experienced operator looking for an established and easy to manage management rights business.

Lot 1 - Office

The large, air-conditioned reception/office offers a professional welcome and business hub for the property, as well including a kitchen and toilet. Additional exclusive-use areas include a ample storage facilities for linen, cleaning materials, and garden equipment Note Listed price includes the office

Lot 2

Located right next to the office area, Unit 2 is currently in the rental pool but there is an option to purchase it for \$650.000. This unit is spacious and airy, featuring two comfortable bedrooms with a well-designed bathroom. The apartment has been stylishly renovated throughout and features a large private deck

Note Not included in listed price.

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
23 years
Units in Letting Pool:
15
Outside Agents:
5

Property Facilities

  • Swimming Pool
  • Cable TV
  • WI-Fi
  • BBQ Facilities

Map

Contact Agent


 

At the centre of the Sunshine Coast region lies a popular area where holiday opportunities are endless. An area that combines the best of all the Sunshine Coast has to offer. This is Maroochy - the area that includes Coolum, Maroochydore, Mooloolaba, Alexandra Headland, and the vast expanse into the Blackall Range.

The four surfing beaches of Coolum, Maroochydore, Alexandra Headland and Mooloolaba combine to produce a fantastic holiday destination for families with children of all ages as well as young people looking for adventure. From boutique dining and fast paced shopping outings to relaxing lazes on white, sandy beaches, this area will have you captivated.

The nature of the Management Rights business is one of constant change. If you cannot find what you are looking for please check back often as the site is constantly updated to reflect the listings that we manage.

If you are interested in purchasing Sunshine Coast Management Rights please check listings above and contact us.

 

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