NOOSAVILLE - DUAL KEY, PROFITABLE AND LIVE OFFSITE! | Resort Brokers ID : MR008125
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(no street name provided), Noosaville QLD 4566

$2,520,000

HotelSize: n/a
Presenting an exceptional business prospect, this property boasts a substantial net profit exceeding $315,000, backed by extensive agreements spanning 23 years with a co-operative body corporate. With its spacious three-bedroom manager's residence, this property provides the flexibility for off-site living and the potential for significant annual additional income not reflected in the P&L, thanks to its unique location and apartment type.

Furthermore, all apartments offer a dual-key facility, maximising revenue with 28 keys available for letting. Situated near Gympie Terraces and Noosa River, the property appeals to astute would-be MLR operators, boasting resort-style amenities such as a heated pool, spa, and easy-care tropical gardens.

With groundwork largely completed, this opportunity is ideal for new managers or couples seeking a lucrative business venture, supported by a generous body corporate salary of $68,456.


- Spacious three-bedroom manager's residence with the option for off-site living.
- With scarce ground-floor three-bedroom units available for letting in Noosaville, there's potential to earn over substantial additional income by including the manager's unit in the letting pool.
- The dual key facility in all apartments offers 28 keys for letting.
- Units designed to discourage owner-occupiers, ensuring consistent availability for letting.
- Prime location near Gympie Terraces, Noosa River, shops, and award-winning dining establishments.
- A heated pool, lush tropical gardens and solar installed for common area power all enhanced by a substantial body corporate salary of $68,456.
- High net profit of $315,000.
- Secure business with 23-year agreements and a supportive body corporate.
- Turnkey business opportunity, ideal for new managers or couples seeking a relaxed business venture.
- Inspection by appointment only.

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Property type:
Hotel

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Noosaville suburb information

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SummaryMedian sales
Average Age
58 years
Population
8,716
Listing ID: 182322863. This listing has been viewed 0 times. It was first displayed on 23/02/2024 and last updated on 05/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.