Scarness, Queensland

Stunning Beach Front Living

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

Business Description

We are 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. Management rights for a beachfront Hervey Bay resort offered, presenting direct access to a strong coastal lifestyle location.
2. Total asking price $3.457M, comprising $2.717M for management rights and $740k for the managers unit.
3. Reported net profit $578,191, indicating solid earnings relative to the asking price.
4. Body corporate remuneration $87,001 with CPI-based annual increases, providing indexed, predictable cashflow.
5. Secure caretaking agreement in place, with clearly defined duties that support operational efficiencies.
6. Long agreement term originally 25 years, with 20 years remaining, offering medium to long term security.
7. Managers apartment valued at $740k, configured as 2 bedrooms, 2 bathrooms and one car space, included in the sale.
8. Complex is a resort/holiday type with 36 total units, 25 in the letting pool, 10 owner-occupy units and one outside agent unit, showing a healthy mix of revenue sources.
9. Prime proximity to waterfront, marina, cafes and essential services, enhancing guest appeal and occupancy potential.
10. Location benefits from ongoing lifestyle migration, tourism demand and local infrastructure growth, supporting future demand and capital appreciation.

Management Rights Multiplier: 4.70
ROI Estimate: 16.72%