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Thriving Management Rights Opportunity in Stunning Hervey Bay
$740k - Business only
Resort / Holiday Management Rights, URANGAN QLD
Step into an incredible opportunity to own a thriving management rights business in the picturesque coastal paradise of Hervey Bay! This exceptional offering includes management rights for two adjacent complexes, providing a unique chance to maximize your income potential while enjoying a vibrant lifestyle in one of Queenslands most sought-after holiday destinations.
With a total of 49 lots, including 22 in the letting pool, youll have the flexibility to balance both holiday and permanent rentals. The well-maintained resort features a range of enticing amenities such as a sparkling swimming pool, inviting BBQ area, reliable CCTV for the security of your guests, and complimentary Wi-Fi, ensuring a delightful experience for all visitors.
Positioned directly across the street from the famous waterfront esplanade, this resort captures the essence of coastal living. Imagine your guests savoring breathtaking sunrises, taking leisurely walks along the beachfront, and enjoying easy access to the dazzling waters of Hervey Bayall while staying in your beautiful property! The secluded atmosphere creates a relaxing ambiance, making it the perfect getaway for families, couples, and solo travelers alike.
In addition to its prime location, the resort is within walking distance of the local boat harbour, opening up exciting adventures like day trips to the majestic Fraser Island (K'Gari) and unforgettable whale watching experiences during migratory seasons. The potential for growth is immense, allowing you to expand both the letting pool and your income.
Boasting a robust net profit of $216,682, and an incredible ROI of over 29% , This profit has increased again since this P&L figure was released showing it is still a growing business .This management rights business not only offers a rewarding career but also a desirable lifestyleone that many dream of but few attain. You have the option to purchase a standalone 2-bedroom manager's villa for $420,000, giving you the perfect home base while managing your resort.
This is more than just a business opportunity; its a chance to immerse yourself in a beautiful community surrounded by stunning beaches and vibrant local culture. Dont let this fantastic opportunity pass you by! Invest in your future today and embrace a lifestyle rich in adventure, relaxation, and success in the idyllic coastal wonder of Hervey Bay!
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $740k - Business only
- Net Income: $ 216,682
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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.
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