Tin Can Bay, Queensland
Profitable Lifestyle Business - Holiday Management Rights in Tin Can Bay - ID 8405
$895,000
Business Description
Holiday Management Rights for Sale
Flexible Income and Growth Potential in Beautiful Tin Can Bay
- Waterfront lifestyle business in a picturesque location.
- Holiday letting pool with 10 out of 11 units for flexible income streams.
- Low workload: Owners clean with support from a casual cleaner.
- Income growth potential: Opportunities to increase repairs, maintenance, and marketing to boost revenue.
- 20 years remaining on the Accommodation Module agreement (expiring in 2045).
- No onsite residency requirement, allowing flexibility to live locally and rent both your units for additional income.
- Renovated living spaces: A downstairs studio and upstairs 1-bedroom unit overlooking the water.
Perfect for someone seeking a great work-life balance with flexibility and the potential for growth!
Tin Can Bay is a charming coastal town located just 30 kilometers from Gympie, offering a relaxed lifestyle surrounded by stunning natural beauty. With easy access to both the Sunshine Coast and Brisbane via the new Gympie Bypass, Tin Can Bay is an idyllic location for those seeking a peaceful yet connected coastal retreat.
Net Profit: On Application
Asking Price: $895,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of the Fraser Coast Management Rights opportunity contact:
Management Rights Broker
Richard O'Connell
Property Code: 905
Business Summary
Business Snapshot
Price: $895,000
Remuneration / Body Corp Salary: $24,162
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitleNo need to reside onsite. Renovated downstairs studio unit with kitchenette and small enclosed patio. Upstairs is a renovated 1-bedroom unit with full kitchen, separate bedroom and balcony
Complex Information
Complex Type: HolidayTotal Units in Complex: 11Total Units in Letting Pool: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
1. Profitable lifestyle business offering holiday management rights, asking price $895,000 inclusive of manager's real estate, net profit available on application.
2. Waterfront location in Tin Can Bay, a coastal town 30 kilometres from Gympie, with easy access to the Sunshine Coast and Brisbane via the Gympie Bypass.
3. Holiday letting pool comprises 10 of 11 units, providing flexible income streams from short term accommodation.
4. Low owner workload, owners undertake cleaning with support from a casual cleaner, supporting a lifestyle balance.
5. Long security of tenure with 20 years remaining on the Accommodation Module agreement, original term 25 years, expiring 2045.
6. No onsite residency requirement, allowing the manager to live locally and rent both manager units for additional income.
7. Manager accommodation presented as renovated living spaces, consisting of a downstairs studio with kitchenette and enclosed patio, and an upstairs one bedroom with full kitchen and balcony.
8. Managers apartment valued at $600,000, described as two bedrooms, two bathrooms, two car spaces, with an office on title.
9. Onsite amenities include a pool, BBQ area, and Wi Fi, enhancing guest appeal and occupancy potential.
10. Stated income growth opportunities via increased repairs, maintenance and targeted marketing to boost revenue.
11. Manager remuneration or body corporate salary reported at $24,162, providing a known baseline cashflow component.
12. Suited to buyers seeking a work life balance and lifestyle investment in a scenic coastal market with established letting operations.
