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Unlock a Financial and Lucrative Lifestyle in Hervey Bay!

$570k MR$680k Unit = $1.25M

Resort / Holiday Management Rights, URANGAN QLD

Whether you're a newcomer seeking a fresh start or an experienced management team wanting to elevate your lifestyle, this unique investment opportunity is perfectly suited for you. Dont miss your chance to live and thrive in beautiful Urangan, where tropical living meets lucrative business! Grab this opportunity and turn your dream into reality today

Step into your dream lifestyle with this incredible Resort / Holiday Management Rights opportunity in Urangan Hervey Bay! Just minutes from the stunning beach, this thriving resort offers an outstanding return of over 15% ROI, making it a golden chance for those ready to embrace both a relaxed lifestyle and financial freedom.

With a net profit exceeding $190,000 and a generous salary of $87,000, this business stands as a testament to its popularity and success! Enjoy living in an exceptional three-bedroom, two-bathroom manager's unit that boasts a spacious layout and a private courtyardyour personal oasis after a day of managing the resort. You'll also have peace of mind with security cameras installed all around the complex, ensuring a safe and secure environment for everyone.

Imagine delighting guests with these fantastic facilities, including Hervey Bay's only swim-up barwhat an exciting draw for vacationers! Other fantastic amenities like a tennis court, heated magnesium pool, and games room ensure guests have everything they need for an unforgettable stay.

The spacious office is on title which adds security and peace of mind, allowing you to enjoy life while you diligently oversee the resort. Long-term agreements are already in place, including a recently approved top-up, promising stability for new owners.

But that's not all! Enjoy being just minutes away are the beautiful botanical gardens and popular cafes, Enjoy being just minutes away from the beautiful botanical gardens and popular cafes and restaurants all within walking distance. A must-see attraction at Queensland's Fraser Coast is Hervey Bay's famous and historic Urangan Pierone of the longest piers in Australia, stretching nearly one kilometre into the ocean, inviting exploration and stunning views! Hervey Bay is renowned as the most popular place for whale watching, offering unforgettable experiences as majestic humpback whales visit each year, attracting tourists eager to witness their beauty. The sandy beach is just 450 meters away, providing sun-soaked days and fun-filled activities for both owners and guests alike.


Business Summary:

High Profitability: Impressive net profit exceeding $190,000 and a competitive salary of $87,000 and an amazing ROI of 15%, growing business .
Prime Location: Just minutes away from beautiful botanical gardens and the popular Arkarra Gardens Caf Restaurant, and the historic Urangan Pier is minutes away, and Hervey is renowned for whale watching .
Convenient Beach Access: Only 450 meters to the sandy beach, offering fun-filled activities for owners and guests.
Security & Peace of Mind: Equipped with comprehensive security cameras throughout the complex for safety.
Flexible Operations: Enjoy flexible business hours and an office on title, enhancing operational efficiency.

More Information

Financial Overview

  • Total Purchase Price: $570k MR$680k Unit = $1.25M
  • Net Income: $ 191,709 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 680,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: undisclosed
    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.

Letting Business

  • Letting Pool: 17
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 30
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 48
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 87,117
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 24 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: M-F 8am-5pm Sat 8am-2pm Sun 8am-12pm
    Required Office Hours
  • Complex Features: Welcome to an exciting oasis of luxury and relaxation! One of the most thrilling highlights of our Hervey Bay resort is the incredible swim-up bar, where paradise meets pleasure.0
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 680,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:

    PCS Finance

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    • Property ID: 21147624
    • Broker's Ref:
    • =755052
    • Last Update: 1 month ago.
    • Listing Type: Resort / Holiday
    • Price: $570k MR$680k Unit = $1.25M
    • URANGAN, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


    PCS Finance

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