Endless Summer Properties
PO Box 211, Bli Bli, Queensland, Australia
Email: vikki@espsales.com.au
Website: www.espsales.com.au
Phone: Australia [61] 07 5448 6860
Mobile: Australia [61] 0414 435 664
Local Time: Saturday, 11 September 2010 11:59 am

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Message: Property Ref: 392

Noosa Management Rights with Views

Property Ref: 392
Price: $795,000
Type: Management Rights
Locality: Queensland
Region: Sunshine Coast & Hinterland
Click here for Region Profile

Guest Bedrooms: n/a
Guest Bathrooms: n/a
Financials: Available on request


Owners Accommodation:
Open plan two bedroom Managers Unit with office and spacious private deck with views.


Property Features:

Excellent well established Management Rights Business in great sought after location.

Surrounded by lush, tropical gardens, this modern apartment complex catches the breeze high on Noosa hill and is well located between the pristine main beach of Noosa and surrounding fashion district of Hastings Street, and the area’s main business and shopping centre’s at the Junction. This apartment complex is walking distance to clubs, Hotels, Bars, Restaurants, Cinemas, Supermarkets and general variety shops.

Ideally located in Noosa Heads on the Sunshine Coast, which is known as one of the most popular holiday destinations in Australia.

The very solid, modern apartment complex has 20 self-contained units situated in three separate buildings, easy care tropical gardens, heated swimming pool & BBQ area, underground private car accommodation, and a combination of studio, one or two bedroom apartments plus two bedroom executive apartments with exceptional views.  14 of the units are presently in the letting pool of this business and have been recently renovated and refurbished offering contemporary styling and modern facilities.

The Manager/Owners apartment is a light and airy open plan 2 bedroom unit including a spacious lounge, quality kitchen, bathroom, laundry, private reception/office, and full length tiled deck. The Owners/Managers also enjoy the magnificent panoramic views all the way to the Noosa hills and hinterland. Also enjoyed by all are the lush tropical grounds, numerous palm trees, and no traffic noise.

  

Business Details:-

• Type of Building: 3 storey walk up
• Total number of Units/Apartments: 20
• Total number of Letting Pool: 14 - Holiday =  14   Permanent = 1
• Total number of Resident Owners: 2
• Total number of Lock Ups for Unit Owners own use: 0
• Total number of Units/Apartments let by External Agents: 2
• Amenities include: Heated pool, BBQ & Entertainment area, Games room.

Body Corporate Details:-

• Module: Standard
• Body Corporate Agreement Term:                                   Years to Run:
• Body Corporate Salary: $35,242.20 per annum - CPI yes
• Nett Income before Tax (including BC salary): $87,478.00 (before add backs)

Managers Freehold Accommodation:-

• Size of Manager/Owners Unit/Apartment: 113 square metres
• Bedrooms:  2 – Bathrooms: 1
• Office:  YES –  ON title – Exclusive Use for Manager: YES
• Car Accommodation: Undercover, underground car park plus use of double lock up garage
• Listing price includes the Managers Unit at $430,000

This great property offering both lifestyle and good income works well for a couple to operate. 

 

Note: The above information has been provided by the Owners and every care has been taken to verify same.  No warranty (either express or implied), is given by the agent as to the accuracy of these contents.  Prospective purchasers should conduct their own investigations into all matters relating to the purchase of Management Rights business.

 

**Sustainability Declaration is available from the Selling Agent on request**