Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
$1,920,000
Permanent management rights, Eli Waters QLD
Mixed Management Rights for Sale
Chart a course for growth and lifestyle in one of Queensland's hidden gems.
Prime Location: Situated in the vibrant Pialba district of Hervey Bay, a stone's throw from Brisbane.
Elegant Living Space: A spacious manager's villa with three bedrooms, potential for four, and exceptional resort amenities.
Unparalleled Facilities: Features include dual saltwater pools, extensive outdoor areas, private villa parking, and a dedicated Tour Desk.
Strong Investment Prospect: Offers a 25-year agreement, with a promising net profit and a comprehensive investment package.
Why Consider This Opportunity?
Rising Destination: Hervey Bay is burgeoning, famed for its pristine beaches, lively community, and growing tourist appeal.
Full-Featured Offering: 64 villas, each with private undercover parking, free Wi-Fi, and more than 50% in the letting pool.
Attractive Investment: Competitive financial terms with a substantial return on investment, highlighting both profitability and lifestyle advantages.
This offering isn't just a business transaction it's an invitation to a life of fulfillment and success in a growing coastal town. Whether you're looking for a dynamic business challenge or a strategic real estate asset, this opportunity is marked for remarkable growth and achievement. Seize the moment to make a wise investment that comes with the joy of coastal living.
Net Profit: $386,551
Total Asking Price: $1,920,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,920,000
- Net Income: $ 386,551
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 570,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.5
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?