Torquay, Queensland

Council Zoned Short Stay Only In Hervey Bay

$2,895,000

Business Description

Own the Lifestyle. Secure the Income. Step Into Hervey Bay’s Premier Management Rights Opportunity.

If you’re searching for a management rights business that delivers strong financial performance without sacrificing the coastal lifestyle you’ve been dreaming of, then is the opportunity that ticks every box.

Perfectly positioned on Hervey Bay’s iconic Esplanade, this resort is a market leader with a long history of stable trading, exceptional guest satisfaction, and year round demand driven by whale watching, K’gari (Fraser Island), and the region’s booming tourism economy.

Here, you’re not just buying a business — you’re stepping into a well established, professionally run resort with a loyal repeat base, strong corporate and government bookings, and the kind of operational stability that makes ownership both profitable and enjoyable.

Why This Opportunity Commands Attention
• Consistent, reliable income backed by strong occupancy and repeat visitation
• Prime beachfront location in one of Queensland’s fastest growing coastal destinations
• Lifestyle appeal — live by the ocean while running a respected, easy to manage resort
. No owner occupiers
. Council zoned short stay only

A Business That Works. A Lifestyle That Inspires.
This opportunity offers the perfect balance of income, security, and coastal living — a rare combination in today’s management rights market. Whether you’re an experienced operator or seeking a rewarding lifestyle change, this is a destination and a business that continues to deliver.

Business Summary

Business Snapshot

Price: $2,895,000 Net Profit: $489,869 Remuneration / Body Corp Salary: $69,413

Managers Unit

Value of Managers Apartment: $690,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: No

Complex Information

Complex Type: HolidayTotal Units in Complex: 30Total Units in Letting Pool: 28Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Matt Campbell

0410 34....

Resort Management Sales

Key Investment Insights

1. Prime beachfront Esplanade location in Hervey Bay, a fast growing coastal destination with strong tourism drivers including whale watching and K’gari, supporting year round demand.
2. Listed price $2,895,000, reported net profit $489,869, implying an approximate return on price of 16.9% before adjustments.
3. Long established, professionally run resort with a history of stable trading, strong occupancy, and high guest satisfaction, supporting reliable income and repeat visitation.
4. Significant corporate and government booking base, providing diversification of revenue and booking stability.
5. Council zoned short stay only, explicitly prohibiting owner occupiers, protecting the letting pool and short stay revenue model.
6. Total complex 30 units, 28 units in the letting pool, indicating the vast majority of stock is revenue generating.
7. Management agreement term 25 years with 24 years remaining, offering long term contractual security for the management rights.
8. Managers apartment on title valued at $690,000, three bedrooms and two bathrooms, representing a substantial capital asset to the business.
9. Separate reported remuneration/body corporate salary $69,413, in addition to net profit, clarifying operator income components.
10. Pets not permitted in the managers unit, which may reflect complex rules and target a specific guest demographic.
11. Market positioning as a market leader on the Esplanade with lifestyle appeal, enabling owner-operators to live on site while operating the business.

Management Rights Multiplier: 4.50
ROI Estimate: 16.92%