Hay Point, Queensland
Great Nett Profit for a Beach Home at a low price
Only $799k at 14% ROI
Business Description
Ras360 is excited to bring to market an opportunity at a price point and position that is exceptionally rare.
Set directly on the coastline in the Mackay Region, this established management rights business combines genuine beachfront living with a proven income stream and significant scope to grow.
Comprising 19 spacious, self-contained townhouse-style units, the complex has been tightly held since construction and presents as a well-maintained, easy-to-operate business. With 14 units currently in the letting pool and agreements secured through to February 2043 (with options), the foundations are firmly in place for stable, long-term income.
Lifestyle That Sells Itself
Absolute beachfront position with a natural tree-lined buffer creating a private, relaxed coastal environment—highly attractive to both guests and operators. This is a genuine “live where others holiday” opportunity, with strong appeal across tourism, corporate and longer-stay markets.
Business Simplicity + Flexibility
* Streamlined systems already in place
* Discretionary office hours
* Consistent occupancy performance
* Strong Body Corporate relationship
An ideal setup for owner-operators seeking work-life balance without sacrificing income.
Untapped Income Potential
* A key value driver is the fully equipped 50-seat restaurant and bar—currently underutilised.
For an incoming hands-on operator, this presents a clear pathway to increase profitability by:
* Activating food & beverage for guests
* Capturing local trade
* Hosting small functions and events
In addition, there is immediate opportunity to improve margins through more active involvement in housekeeping and day-to-day operations, reducing reliance on casual staff.
Complex Features
* Two saltwater pools plus spa
* Function room
* Restaurant & bar facilities
* Children’s play area
* BBQ areas
* Established gardens and grounds
* Solar power and solar hot water systems
* Town water plus bore supply
Manager’s Residence
Recently upgraded and presented in excellent condition, offering a comfortable, modern living environment with nothing further to spend.
Why This One Stands Out
* Absolute beachfront position
* Long agreements to 2043 + options
* Established business with upside
* Multiple income streams (accommodation + F&B potential)
* Business & residence combined – under $800k
This is a standout entry-level opportunity for a couple, family or operator seeking a genuine lifestyle business with the ability to grow income through hands-on management.
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
Business Summary
Business Snapshot
Price: Only $799k at 14% ROI
Net Profit: $115,000 Remuneration / Body Corp Salary: $71,473
Managers Unit
Value of Managers Apartment: $299,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 19Total Units in Letting Pool: 14Owner Occupy Units: 14Agreement Term: 25 yearsAgreement Term Remaining: 17 years
Key Investment Insights
1. Listed price $799k, quoted 14% ROI, with net profit $115,000.
2. Manager remuneration/body corporate salary $71,473, manager’s apartment valued at $299,000.
3. Absolute beachfront location in Mackay Region, private tree-lined buffer enhancing guest appeal.
4. Established 19-unit complex, 14 units currently in the letting pool providing immediate income.
5. Long-term agreements in place to February 2043 with options; 25-year agreement originally, 17 years remaining.
6. Significant upside via underutilised fully equipped 50-seat restaurant and bar, opportunity to capture local trade and host functions.
7. Scope to improve margins through more active owner involvement in housekeeping and day-to-day operations, reducing casual staff costs.
8. On-site leisure assets include two saltwater pools plus spa, function room, children’s play area, BBQ areas, and established gardens.
9. Manager’s residence recently upgraded, in excellent condition, enabling immediate occupation with no further spend.
10. Business simplicity and lifestyle appeal, with streamlined systems, discretionary office hours, consistent occupancy and a strong Body Corporate relationship.
11. Multiple income streams potential, combining accommodation revenue with food and beverage opportunities.
12. Energy and utilities features include solar power, solar hot water, town water plus bore supply, and an energy rating of 5.
Management Rights Multiplier: 4.35
ROI Estimate: 14.39%