Scarness, Queensland

Stunning Beach Front Living

$2.295M MR & $695k Unit = Total $2.990M

Business Description

Extremally motivated seller. Serious price reduction
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: $2.295M MR & $695k Unit = Total $2.990M Net Profit: $544,878 Remuneration / Body Corp Salary: $87,001

Managers Unit

Value of Managers Apartment: $695,000Bedrooms: 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. Reported net profit of $544,878, with total purchase price of $2.990 million including management rights and the manager’s apartment.
2. Secure caretaking agreement with 20 years remaining on a 25 year term.
3. Body corporate salary of $87,001 includes annual CPI increases, supporting dependable recurring income.
4. Well defined caretaking duties support practical daily operating efficiencies.
5. Established Hervey Bay resort and holiday complex comprises 36 units, with 22 in the letting pool.
6. Coastal location close to the waterfront, marina, cafes and essential services combines business ownership with lifestyle appeal.
7. Manager’s apartment valued at $695,000 includes two bedrooms, two bathrooms and one car space.
8. Motivated seller has implemented a significant price reduction.
9. Hervey Bay benefits from lifestyle migration, tourism demand and ongoing local infrastructure growth.

Management Rights Multiplier: 4.21
ROI Estimate: 18.22%