Premier Dual-Key Resort - Exceptional Profitability
$1.25m MR&Unit $1.1m = Total $2.35m
Resort / Holiday Management Rights, NOOSAVILLE QLD
Unique dual-key configuration for increased revenue potential
Each apartment is outfitted with a highly sought-after dual-key setup, allowing for 28 distinct letting opportunities across the property. This feature not only maximizes the revenue potential by enabling two bookings per unit but also ensures a steady income stream, as it appeals to a variety of guest types. Whether accommodating corporate clients during the week or leisure travellers on the weekend, this versatile setup boosts occupancy rates and overall earnings.
Designed to discourage owner-occupiers, ensuring consistent rentals
The propertys unique design effectively limits interest from owner-occupiers, meaning more units remain available for short-term letting. This strategy ensures a reliable inventory of rental units year-round, safeguarding against periods of low availability and promoting continuous cash flow. Investors can enjoy peace of mind knowing the buildings layout works in favour of long-term profitability by maintaining high occupancy levels.
Prime location near key Noosa attractions, driving guest demand
Perfectly positioned near the famous Gympie Terraces and the picturesque Noosa River, this propertys location is a major draw for both corporate and leisure guests. During the week, the property sees a steady influx of business travellers, while weekends are filled with holidaymakers drawn to the areas award-winning restaurants, shops, and scenic attractions. This ideal positioning not only drives high occupancy but also enhances the propertys appeal to a diverse range of clientele.
Low-maintenance resort-style amenities backed by a generous salary
The property offers a range of high-quality, low-maintenance amenities including a heated swimming pool, tropical landscaped gardens, and solar-powered common areas that reduce operational costs. These resort-style facilities require minimal upkeep, ensuring the managers role remains hassle-free. In addition, the generous body corporate salary of $68,456 enhances the financial appeal, providing additional income for overseeing the propertys day-to-day operations.
Significant net profit of over $315,000 with room for growth
With a net profit exceeding $315,000, this business delivers impressive financial returns, making it a lucrative investment opportunity. Its solid income is supported by high occupancy rates and strong guest demand. For the savvy operator, there is still potential to increase earnings through targeted marketing strategies, expanding the letting pool, or further enhancing guest experiences, making this an even more attractive venture.
22-year agreements offering long-term stability and peace of mind
The property comes with secure 22-year agreements in place, providing long-term stability and safeguarding your investment for years to come. These extensive agreements not only ensure a steady partnership with the body corporate but also provide a sense of security for both current and future managers, knowing the business is backed by strong contractual commitments.
Turnkey business opportunity perfect for newcomers or seasoned operators
This is an ideal business for first-time managers or experienced operators looking for a hands-off venture. With its easy-to-manage operations and low-maintenance amenities, the property offers an excellent opportunity for a couple or individual seeking a profitable business with a relaxed, coastal lifestyle. Its well-established reputation and high guest return rate make this a turnkey solution for those ready to step into a thriving management rights business.
Private inspections available for serious inquiries
For those interested in exploring this exceptional business opportunity, private inspections are available by appointment only. Serious buyers are encouraged to schedule a viewing to fully appreciate the potential this property has to offer, from its prime location and unique features to its impressive financial performance.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.25m MR&Unit $1.1m = Total $2.35m
- Net Income: $ 315,783
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,100,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?