84 Toolooa Street, South Gladstone, Queensland
High Yield Management Rights 27% Return, Accommodation Module, Coastal Lifestyle
$500K MR + $495K Unit = $995k Total
Business Description
Enjoy the perfect balance of income and lifestyle with this well-positioned Management Rights business, ideally located close to the township, harbour, and surrounding islands.
The business delivers a strong verified net profit of $134,545, complemented by a Body Corporate salary of $58,200 inc GST per annum, indexed to CPI. With a 3.x multiplier, this represents an exceptional return of over 27% on the management rights and a solid 13.5% return on the total investment. The Park also has a very large 39.6kw solar system ensuring low energy consumption.
There is also significant upside, with six new cabins soon to be commissioned, providing further income growth. In addition, a self-contained one-bedroom apartment generates $590 per week, along with other park-related revenue streams, none of which are currently included in the reported net profit.
The total package of $995k includes a fully renovated, modern manager’s residence offering spacious living, along with a separate self-contained one-bedroom furnished apartment, ideal for additional income or guest accommodation.
This easy, part-time operation is perfectly suited to a couple and is supported by a friendly and cooperative Body Corporate. With 21 years remaining on the accommodation module agreement, the business offers long-term security and peace of mind.
Positioned close to the town centre, harbour, local rivers, and surrounding islands, the location provides a relaxed coastal lifestyle in a desirable sub-tropical climate, with strong potential to further increase net profit.
This is a rare opportunity to secure a high-performing management rights business combining excellent returns, future growth, and an enviable lifestyle.
Ras360 – Management Rights | Motels | Hotels | Pubs | Parks
Business Summary
Business Snapshot
Price: $500K MR + $495K Unit = $995k Total
Remuneration / Body Corp Salary: $0
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 6Complex Information
Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 37Lockup Units: 6Agreement Term: 21 yearsAgreement Term Remaining: 21 years
Key Investment Insights
1. Verified net profit $134,545 per annum, providing a clear earnings base.
2. Body Corporate salary $58,200 inc GST per annum, indexed to CPI, adds recurring guaranteed income.
3. 3.x multiplier equating to over 27% return on the management rights, and a 13.5% return on the total $995k investment.
4. Total price structured as $500k for management rights and $495k for unit, $995k total.
5. Significant upside from six new cabins soon to be commissioned, providing near-term income growth.
6. Additional income stream from a self‑contained one‑bedroom apartment generating $590 per week, currently excluded from reported net profit.
7. Very large 39.6 kW solar system across the park, ensuring low energy consumption and reduced operating costs.
8. Fully renovated, modern manager’s residence, three bedrooms, two bathrooms and six car spaces, included in the package.
9. Separate furnished self‑contained one‑bedroom apartment included, suitable for extra income or guest accommodation.
10. Easy, part‑time operation suited to a couple, supported by a friendly and cooperative Body Corporate.
11. Long-term security with a 21‑year accommodation module agreement remaining.
12. High-appeal coastal location close to town centre, harbour, local rivers and surrounding islands, offering a sub-tropical lifestyle and strong tourism potential.
