Best Value MR on the beautiful Sunshine Coast with spacious 3 Bedroom villa NOOSAVILLE - Nett $284,427!
This popular family-friendly resort that is perfectly positioned in Noosaville and a short walk to the beautiful Noosa River and award winning restaurants.
This award-winning holiday resort has a strong occupancy rate consistent throughout the year, solid future bookings and ever-increasing revenue with more opportunity for growth.
The resort has undergone significant capital improvements over the past few years, including the pool area and gardens. There are Long Agreements in place, the Office / Reception is on Title and there are several exclusive-use storage facilities.
Attractively priced with a solid ROI.
The Managers unit is the biggest three bedroom / three bathroom in the complex, complete with private courtyard and lush lawn area/garden.
If you are looking for potential to grow and increase profit, and work in a beautiful location, Co Co Bay Resort Noosaville is one to inspect.
Over the past 5 years, the current owners have implemented efficient systems, so there will be a smooth transition and training.
Financials
Body Corporate Salary: 70799.67
Management Unit
Management Unit Price: 765000
Complex Overview
Complex Type / Module: Resort
Total Units Inside Letting Pool: 18
Total Units in Complex: 23
Holiday Units: 18
Outside Agent: 1
Owner Occupied: 2
Agreement Term: 25 years
Years to Run: 23 years