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 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: $2.452M 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: 13Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Robert Collins
Robert Collins

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established management rights business with reported net profit of $544,878 and $87,001 annual body corporate remuneration.
2. Secure 25 year agreement with 20 years remaining, including CPI based annual remuneration increases.
3. Management rights cover a 36 unit resort and holiday complex, including a 22 unit letting pool.
4. Two bedroom, two bathroom managers apartment with one car space is included, valued at $740,000.
5. Central Hervey Bay location near the waterfront, marina, cafes and essential services.
6. Defined caretaking duties support practical day to day operating efficiencies for an experienced hands on operator.
7. Coastal lifestyle setting combines business operations with proximity to Hervey Bay’s tourism and lifestyle attractions.
8. Established resort and holiday complex offers a proven platform for experienced management rights operators or lifestyle focused buyers.

Management Rights Multiplier: 4.50
ROI Estimate: 17.07%

Listing location
Gallery

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