29 Aug 2023
Words Grantlee Kieza AccomProperties

Rare gem of great value in Noosa

There are few holiday destinations in Australia as popular or iconic as Noosa, the shining jewel of the Sunshine Coast, 150 kilometres north of Brisbane.

And few opportunities to enter the Noosa holiday accommodation market seem as tantalising as the offer of a long lease on the highly profitable Noosa Heads Motel.

David Faiers from ResortBrokers said he had more than 50 enquiries on the rare leasehold sale within 48 hours of it being advertised.

He said the Noosa Heads Motel featured 23 apartments and had undergone hundreds of thousands of dollars in significant renovations recently, including painting and refurbishments to the rooms.

The property is on Noosa Drive, just minutes from the magnificent Noosa Main Beach, the restaurants and boutiques of Hastings Street, and the delights of the Noosa National Park. 

The lease is on the market for $4 million with a net profit of $925,680.

“It’s a very rare opportunity,” Mr Faiers said. “The Noosa Heads Motel is a good solid performer in an incredible hotel market with little or no motel competition.

“It’s probably one of the few privately owned motels in the region

“The fact we had more than 50 enquiries in the first 48 hours of it going on the market gives you an idea of the demand for a high turnover property with good solid net profit in such a holiday hotspot.”

He said with no other leaseholds available in the area, it was an exclusive opportunity to secure a high yield property in a prime position in a thriving market.

Mr Faiers said the property was easily operated with no food and beverage service to worry about.

It offers guests excellent, affordable 4-star accommodation close to all the attractions in the region.

It has a heated pool, BBQ area and complimentary wifi.

There is free undercover parking for guests and a coin-operated laundry facility on-site.

“It’s a beautiful property with a very impressive record for trading,” Mr Faiers said.

The list of attractions that make Noosa such a desirable holiday destination is almost endless.

It is a world-class surfing destination and home to the extraordinary wildlife and vegetation of the Noosa National Park.

The park covers more than 4000 hectares with walking tracks for the most avid explorer.

From June to November, Dolphin Point can often provide stunning views of whales and dolphins.

The winding and serene Noosa River is the ideal backdrop for relaxing walks while the magnificent Sunshine Beach, Rainbow Beach and Noosa Main Beach are picture-postcard perfect.

Noosa enjoys one of Australia’s best climates with year-round warm temperatures and few rainy days.

There are farmers markets selling superb local produce, wonderful cafes, and live music everywhere entertaining locals and travellers alike.

“The Noosa Heads Motel is in a fantastic location,” Mr Faiers said, “and there is a very little competition from other motels.”