PROPERTY DESCRIPTION

Looking at Management Rights then you know the importance of a relaxing home.

Clearwater Noosaville has been home to the current owners since 2008. Time has come to give someone else the opportunity to love this wonderful lifestyle and benefit from this very successful holiday business. The unit has gone through renovations over the years providing a wonderful Master Suite, private courtyard area, comfortable living area and a convenient and functional office, all on title. Inspect this home now and tick that box. The business figures will help justify your decision to invest in this wonderful region and successful business.

Live in Noosaville and be close to everything people love about the Northern Sunshine Coast, visit the business website to learn more about the business and the local area. Love Golf? You will love the Golf Packages that current owners have put together over many years – a great point of difference to other local businesses.

All apartment photos in this listing are of the Managers residence and provide you with a clear idea of your living conditions, a beautifully renovated 2 bedroom. 2 bathroom apartment located on the ground floor and attached to the reception office. Lock up car park is included plus access to another car space if required.

Reception Office Hours for this popular Holiday Complex are:
• Mon – Fri 9:00am – 4:30pm
• Saturday 9:00am – 11:00am
• Sunday 9:00am – 11:00am

Business includes modern Agreements that were re written in 2012 and now come with a 5 year option to 28 February 2042, all are Gallery Vie compliant. Business continues to be run by a Mum and Dad operator with the contract cleaners attending to unit cleaning. Occupation Authority held over Linen Cupboard located on common property.

40 units in the complex of which 23 are in the Holiday Letting Pool, 4 permanent tenancies and 7 Owner Occupiers plus 6 Outside Agent managed units.
3 Pools at rear of complex provide guests with a lovely relaxing location when they are not our enjoying the Noosaville water front and surrounding areas.

Financials for 12 months to 30 April 2023
• Body Corporate Salaries $79,736.63 ex GST (Yearly CPI increases)
• Net Profit $322,030

Real Estate $900,000
Business $1,350,000

TOTAL PURCHASE PRICE $2,250,000

Please contact the listing Agent for further details and to arrange your private inspection.