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 property's 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 building's 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 property's 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 area's award-winning restaurants, shops, and scenic attractions. This ideal positioning not only drives high occupancy but also enhances the property's 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 manager's role remains hassle-free. In addition, the generous body corporate salary of $68,456 enhances the financial appeal, providing additional income for overseeing the property's 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**
