Hervey Bay, Queensland
Exclusive - WOW! 1.2x Multiple on Caretaking Only - ID 8837
$925,000
Business Description
Permanent Management Rights For Sale
No Real Estate Licence Required
- Welcome to Hervey Bay's premier permanent complex.
- Large 3-4 bed residence you will be proud to call home.
- Caretaking duties with no letting required.
- Walk to the shops, club, and waterfront in minutes.
- Owner has reduced the price and is motivated to move.
Don’t miss out on one of the best deals of 2026. Available now is the caretaking agreement for Hervey Bay's premier permanent complex. Great quality townhouses in a quiet, gated community with one of the largest pools in The Bay. This opportunity will offer new owner/s a wonderful chance to earn money working from home and still have time to enjoy all the fantastic benefits of bayside living.
Duties include lawn mowing, hedging, gardening, blowing, cleaning the pool and BBQ area, and general low-skill maintenance work. Being able to liaise with tradesmen for quotes and property owners takes a little personality and a smile.
A more skilled handyman or tradesman could earn considerably more money than the caretaking agreement salary - ask me how!
In addition to the business is a house-sized townhouse worth $825,000+ that anyone would be proud to call home. 3 bedrooms, 2 bathrooms, 2 living areas, double garage, office, back office, and undercover patio. A great place to hang your hat and enjoy life.
Act now and make 2026 a year to remember.
Net Profit: $85,000
Asking Price: $925,000
(Inclusive of Manager's Real estate)
For further information or to arrange an inspection of this Hervey Bay Management Rights business for sale contact:
Exclusive Mangaement Rights Broker
Tony Johnson
Property Code: 1121
Business Summary
Business Snapshot
Price: $925,000
Net Profit: $85,000 Remuneration / Body Corp Salary: $94,000Business Value: $100,000
Managers Unit
Value of Managers Apartment: $825,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitleThe manager’s residence is a spacious and well-appointed three-bedroom, two-bathroom townhouse, thoughtfully designed for both comfortable living and practical functionality. It features a double remote garage, excellent storage throughout, and a private undercover alfresco area with a low-maintenance yard—perfect for relaxing or entertaining. Inside, the generous open-plan living and dining areas are complemented by a large, well-equipped kitchen, creating a welcoming central hub of the home. These living spaces flow seamlessly out to the alfresco area, enhancing indoor-outdoor living and entertaining ease. Additional features include a dedicated study and a separate, attached office with its own private entrance—ideal for efficiently managing the business while maintaining a clear boundary between work and home life.
Complex Information
Complex Type: CaretakerTotal Units in Complex: 46Owner Occupy Units: 37Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Caretaking only, with no letting required and no real estate licence needed.
2. The business reports approximately $83,000 net profit and $90,743 remuneration or body corporate salary.
3. The caretaking agreement has 16 years remaining on its 25 year term.
4. Manager’s residence is a spacious three bedroom townhouse with two bathrooms, double garage and two living areas.
5. Dedicated study and separate attached office support efficient work from home operations with clear separation from living areas.
6. Located within walking distance of shops, a club and the Hervey Bay waterfront.
7. The gated 46 townhouse complex includes a large pool and BBQ area, supporting an attractive residential setting.
8. Caretaking duties include gardening, pool and BBQ cleaning, general maintenance and liaising with tradespeople.
Management Rights Multiplier: 1.18
ROI Estimate: 9.19%
