Perfectly Positioned Boutique Resort NoosavilleListing: #18119
About this Business for sale in Auckland CityPerfectly Positioned Boutique Resort Noosaville
Make the move to Australia and earn a generous living (in Australian Dollars!) Perfectly positioned Boutique Resort Noosaville. This impressive 4.5 star self rated apartments set in the heart of Gympie Terrace, perfectly positioned 50 meters from the Noosa River on the Sunshine Coast. Offering modern, self-contained 1 and 2 bedroom holiday apartments to couples or families which will impress any holiday maker. Excellent facilities, private & protected heated pool, spa, BBQ area and just a minute stroll to restaurants, shops, ferry and the beautiful Gympie Terrace River walk. • Consistent income over the years with good repeat clientele • Long Agreements expiring in 2034 • Recently renovated 2 bedroom managers residence, open living leading onto balcony, 2 car accommodation, pet permitted with Body Corporate approval. • No obligation to live on site – extra income by renting out managers unit if required • Spacious modern office/reception • Body Corporate salary $38,882 • Net profit $165,000 • Total units in complex 20 • Est. Year built 1999 Managers Unit Price: $ 600,000 Management Rights Price: $ 770,000 Total Asking Price: $1,370,000 Prices are in Australian Dollars.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.