Scarness, Queensland

Stunning Beach Front Living

$2.452M MR & $740k Unit = Total $3.192M

Business Description

We are proud to present an outstanding opportunity to secure the management rights at Hervey Bay, a well-established residential and holiday complex positioned in the heart of Hervey Bay — one of Queensland’s most desirable coastal lifestyle destinations.

The management rights cover a quality coastal complex and are supported by a secure caretaking agreement. The business generates a consistent body corporate salary with CPI-based annual increases, underpinned by well-defined duties that allow for practical day-to-day efficiencies.

Ideally located close to the waterfront, marina, cafes, and essential services, the complex offers an attractive lifestyle setting in the heart of Hervey Bay. The opportunity is well suited to experienced management rights operators or lifestyle-focused buyers seeking a dependable and stable income.

Hervey Bay continues to benefit from strong demand driven by lifestyle migration, tourism, and ongoing local infrastructure growth, making it an appealing location for both business and personal enjoyment. Overall, this offering presents a balanced combination of income security and coastal living, with solid foundations for a hands-on operator to step into a proven management rights business.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $2.452M MR & $740k Unit = Total $3.192M Net Profit: $544,878 Remuneration / Body Corp Salary: $87,001

Managers Unit

Value of Managers Apartment: $740,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 22Owner Occupy Units: 14Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Secure 25 year caretaking agreement with 20 years remaining supports continuity for the management rights operation.
2. Consistent body corporate salary of $87,001 includes CPI based annual increases.
3. Reported net profit of $544,878 supports the offering’s income profile.
4. Quality coastal complex comprises 36 units, including 22 in the letting pool and 14 owner occupied.
5. Two bedroom, two bathroom managers’ apartment with one car space is included, valued at $740,000.
6. Defined duties allow practical day to day efficiencies for a hands on operator.
7. Central Hervey Bay location is close to the waterfront, marina, cafes and essential services.
8. Suitable for experienced management rights operators or lifestyle focused buyers seeking dependable income.

Management Rights Multiplier: 4.50
ROI Estimate: 17.07%