FOR SALE
$1.25m MR & Unit $1.1m = Total $2.35m

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Noosaville QLD 4566

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Premier Dual-Key Resort - Exceptional Profitability

Unique dual-key configuration for increased revenue potential
Each apartment is outfitted with a highly sought-after dual-key setup, allowing for 28 distinct letting opportunities across the property. This feature not only maximizes the revenue potential by enabling two bookings per unit but also ensures a steady income stream, as it appeals to a variety of guest types. Whether accommodating corporate clients during the week or leisure travellers on the weekend, this versatile setup boosts occupancy rates and overall earnings.
Designed to discourage owner-occupiers, ensuring consistent rentals
The property’s unique design effectively limits interest from owner-occupiers, meaning more units remain available for short-term letting. This strategy ensures a reliable inventory of rental units year-round, safeguarding against periods of low availability and promoting continuous cash flow. Investors can enjoy peace of mind knowing the building’s layout works in favour of long-term profitability by maintaining high occupancy levels.
Prime location near key Noosa attractions, driving guest demand
Perfectly positioned near the famous Gympie Terraces and the picturesque Noosa River, this property’s location is a major draw for both corporate and leisure guests. During the week, the property sees a steady influx of business travellers, while weekends are filled with holidaymakers drawn to the area’s award-winning restaurants, shops, and scenic attractions. This ideal positioning not only drives high occupancy but also enhances the property’s appeal to a diverse range of clientele.
Low-maintenance resort-style amenities backed by a generous salary
The property offers a range of high-quality, low-maintenance amenities including a heated swimming pool, tropical landscaped gardens, and solar-powered common areas that reduce operational costs. These resort-style facilities require minimal upkeep, ensuring the manager’s role remains hassle-free. In addition, the generous body corporate salary of $68,456 enhances the financial appeal, providing additional income for overseeing the property’s day-to-day operations.
Significant net profit of over $315,000 with room for growth
With a net profit exceeding $315,000, this business delivers impressive financial returns, making it a lucrative investment opportunity. Its solid income is supported by high occupancy rates and strong guest demand. For the savvy operator, there is still potential to increase earnings through targeted marketing strategies, expanding the letting pool, or further enhancing guest experiences, making this an even more attractive venture.
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Property Details for Contact Agent For Address, Noosaville

Building Type
Commercial

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About Noosaville 4566

The size of Noosaville is approximately 25.8 square kilometres. It has 29 parks covering nearly 25% of total area. The population of Noosaville in 2011 was 7,116 people. By 2016 the population was 8,128 showing a population growth of 14.2% in the area during that time. The predominant age group in Noosaville is 60-69 years. Households in Noosaville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noosaville work in a professional occupation. In 2011, 60.6% of the homes in Noosaville were owner-occupied compared with 65.8% in 2016.

Noosaville has 7,438 properties. Over the last 5 years, Houses in Noosaville have seen a 77.35% increase in median value, while Units have seen a 88.24% increase. As at 31 October 2024:

  • The median value for Houses in Noosaville is $1,986,050 while the median value for Units is $1,014,420.
  • Houses have a median rent of $950 while Units have a median rent of $710.
There are currently 101 properties listed for sale, and 29 properties listed for rent in Noosaville on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Noosaville.

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Geoff Hatchman
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RAAS Property Group
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