South Gladstone, Queensland
Motivated Vendor - Make an Offer!
$363K MR + $495K Unit = $895k Total
Business Description
A motivated vendor and significant price reduction create an outstanding opportunity to secure a high-yielding Management Rights business combining strong income, long-term security and an enviable coastal lifestyle.
Generating a verified net profit of $134,545, the business includes a Body Corporate salary of $50,533 GST per annum, indexed to CPI. At just a 2.7x multiplier, the Management Rights component delivers an exceptional return exceeding 37%, while the total $858k shows an impressive return of above 15%.
Importantly, there is genuine upside not currently reflected in the reported net profit. Six new cabins are soon to be commissioned, while a separate self-contained one-bedroom apartment currently generates $590 per week. A substantial 39.6kW solar system also helps minimise energy costs across the property.
The package includes a beautifully renovated and air-conditioned manager’s residence featuring two queen-sized bedrooms, separate office, oversized bathroom, well-appointed kitchen, separate dining and spacious lounge areas, plus outdoor entertaining.
Also included is a modern, fully renovated and furnished one-bedroom studio apartment with its own kitchen, dining area, bathroom and outdoor space, providing excellent additional income or guest accommodation.
With manageable office hours, Sundays closed and an easy part-time workload ideally suited to a couple, the business is supported by a cooperative Body Corporate and 21 years remaining on the Accommodation Module agreements.
Close to the township, harbour, rivers and surrounding islands, this is a compelling combination of high returns, future growth and relaxed coastal living.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $363K MR + $495K Unit = $895k Total
Net Profit: $134,545 Remuneration / Body Corp Salary: $50,533
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
AI generated. Confirm details with the seller.
1. Verified net profit of $134,545, with $50,533 annual Body Corporate salary indexed to CPI.
2. Management Rights component priced at $363,000, alongside a $495,000 manager’s unit.
3. Six new cabins are soon to be commissioned, providing identified potential for additional income.
4. Separate furnished one bedroom studio apartment offers additional income or guest accommodation.
5. Renovated, air conditioned manager’s residence provides three bedrooms, two bathrooms, office and outdoor entertaining.
6. Substantial 39.6kW solar system helps minimise energy costs across the property.
7. Manageable office hours, Sundays closed and part time workload suit a couple seeking lifestyle flexibility.
8. Cooperative Body Corporate and 21 years remaining on Accommodation Module agreements provide operational security.
