Scarness, Queensland

Stunning Beach Front Living

$2.717M MR & $740k Unit = Total $3.457M

Business Description

Ras360 is proud to present an outstanding opportunity to secure the management rights at Harvey 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: $2.717M MR & $740k Unit = Total $3.457M Net Profit: $578,191 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: 25Owner Occupy Units: 10Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 20 years

Marketing Agent

Robert Collins

0404 67....

Ras360

Key Investment Insights

1. Price structure separated into management rights $2.717M and managers unit $740k, total asking $3.457M.
2. Strong reported net profit of $578,191, indicating healthy earnings for the business.
3. Guaranteed body corporate salary of $87,001 with CPI-based annual increases, providing stable recurring income.
4. Secure caretaking agreement with clearly defined duties, supporting operational efficiencies and predictable responsibilities.
5. Long agreement term originally 25 years with 20 years remaining, offering medium to long-term contract security.
6. Managers apartment included, valued at $740,000, comprising 2 bedrooms, 2 bathrooms and 1 car space, enhancing lifestyle appeal and owner accommodation.
7. Resort/holiday complex with 36 total units, 25 in the letting pool and 10 owner-occupied units, demonstrating a substantial letting inventory.
8. Only one outside agent unit, suggesting strong in-house control of lettings and revenue capture potential.
9. Prime location close to waterfront, marina, cafes and essential services, supporting guest demand and lifestyle benefits.
10. Hervey Bay market fundamentals cited as strong, driven by lifestyle migration, tourism and local infrastructure growth, supporting sustained occupancy demand.
11. Well suited to experienced management rights operators or lifestyle-focused buyers, enabling an owner-operator to step into a proven, hands-on business.

Management Rights Multiplier: 4.70
ROI Estimate: 16.72%