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.
Chenoa Daniel

Interested? Why not give Chenoa Daniel a call on 0403 143 151 or