Hervey Bay, Queensland

Business For Sale - Hervey Bay Beachfront Management Rights - ID 9045 BL


Property Description

Management Rights For Sale – Hervey Bay
Consistent Performer with Opportunity to Grow

- Management of two adjoining complexes giving flexibility of income
- Good mix of both holiday and permanent letting
- 49 lots in total with 22 in the letting pool
- Facilities include swimming pool, BBQ, CCTV and Wi-Fi
- Across the road form Hervey Bay’s famous waterfront esplanade
- Secluded location, walking distance to boat harbour
- Relaxed resort ambience, perfect for a true getaway

Standalone 2 bedroom manager’s villa with lovely outdoor deck
This management rights business presents the perfect opportunity for an active couple wanting to live and work in one of Queensland’s noted holiday destinations. There is the opportunity to grow the business and increase the letting pool. The perfect location for guest access to the nearby boat harbour, Fraser Island day trips and whale watching tours.

Net Profit: $165,000
Asking Price: $975,000
(Inclusive of manager’s real estate)

For further information or to arrange an inspection of the Hervey Bay Management Rights opportunity contact:

Management Rights Broker
Richard O’Connell

Property Summary

Business Snapshot

Price: $975,000 Net Profit: $165,000 Remuneration / Body Corp Salary: $67,587

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 2Bathrooms: 1Office: On Title
Stand alone timber villa with high cathedral ceilings, Two bedrooms, One bathroom, Lovely outdoor deck and private grassed rear yard, Adjoining office has been set up with a separate entrance and has an additional small bathroom and storage area to the rear, There are options for the manager to let the villa and take up alternate accommodation on the property

Complex Information

Complex Type: MixedTotal Units in Complex: 49Total Units in Letting Pool: 22Holiday Units: 9Permanent Units: 13Owner Occupy Units: 15Outside Agent Units: 10Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Richard O'Connell
Richard O'Connell

Richard O'Connell
Richard O'Connell

Listing location

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