84 Toolooa Street, South Gladstone, Queensland
High Yield Management Rights 26% Return, Accommodation Module, Coastal Lifestyle
$515K MR + $550K Unit = $1.065M 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 $50,533 per annum, indexed to CPI. With a 3.x multiplier, this represents an exceptional return of over 26% on the management rights and a solid 13.3% return on the total investment.
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 $1.065 million 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
Managers Unit
Bedrooms: 2Bathrooms: 1Car 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, plus a Body Corporate salary of $50,533 per annum indexed to CPI, demonstrating strong and inflation‑protected cash flow.
2. Exceptional returns, quoted as over 26% on the management rights using a 3.x multiplier, and a 13.3% return on the total $1.065 million package.
3. Significant upside from six new cabins soon to be commissioned, providing clear near‑term revenue growth.
4. Additional income potential from a self‑contained one‑bedroom apartment currently generating $590 per week, plus other park‑related revenue streams excluded from the reported net profit.
5. Total sale price $1.065 million includes a fully renovated, modern manager’s residence offering spacious living, enhancing asset value and lifestyle appeal.
6. Separate self‑contained one‑bedroom furnished apartment included, suitable for additional income or guest accommodation.
7. Easy, part‑time operation suited to a couple, indicating low operational intensity and work–life balance.
8. Long‑term security with the accommodation module agreement term of 21 years remaining, providing contractual stability.
9. Strong complex fundamentals: 43 total units, 37 in the letting pool, and 6 lockup units, indicating established scale and allocation.
10. Desirable coastal location close to township, harbour, rivers and surrounding islands, offering lifestyle appeal in a sub‑tropical climate and tourist demand drivers.
11. Manager’s unit configuration and facilities include 2 bedrooms, 1 bathroom and 6 car spaces, supporting on‑site management and guest parking.
