Urangan, Queensland
19% ROI Hervey Bay Beachfront Ownership Awaits
$740k MR & $420K Unit = Total $1.160M
Business Description
Exciting Resort Management Rights for Sale in Urangan, QLD!
Seize this incredible opportunity to own a thriving management rights business nestled in the heart of Hervey Bay, one of Queensland's most popular holiday destinations known for its stunning beaches and vibrant community. This well-established resort management business combines a fantastic lifestyle, a strong income stream, and immense potential for growth, making it the perfect choice for a dynamic couple eager to embrace an enviable coastal lifestyle while managing a profitable business. The business has grown since listing to approx $216,000 net.
Features of the Business:
Dual Complex Management: This opportunity allows you to manage two adjoining complexes, allowing for greater income flexibility and operational synergy. This setup means you can cater to a wider audience, generating higher revenue.
Diverse Income Opportunities: Enjoy a balanced rental portfolio that includes both holiday lettings and long-term permanent tenants. This diversity not only enhances your income stability but also allows for adaptability to market fluctuations and seasonal variations.
Impressive Lot Count: The properties boast a total of 49 lots, with 22 currently in the letting pool. This mix provides a solid foundation for income generation, while also presenting numerous opportunities to expand the letting pool further.
Outstanding Facilities: Guests will benefit from a wide array of amenities, including a sparkling swimming pool, well-maintained barbecue facilities, robust CCTV security systems for peace of mind, and complimentary high-speed Wi-Fi, ensuring a comfortable and enjoyable stay.
Prime Location: The property is ideally positioned directly across from Hervey Bay's famous waterfront esplanade, a bustling hub filled with cafes, shops, and recreational activities. This location not only attracts tourists but also offers residents a vibrant lifestyle.
Serene Setting: Set in a secluded area, guests can enjoy tranquility and relaxation while being just a short walk away from the local boat harbour. The serene surroundings create the perfect backdrop for a true getaway experience, enhancing guest satisfaction and encouraging repeat bookings.
Relaxed Resort Ambience: The property exudes a relaxed resort atmosphere, ideal for guests looking to unwind, whether they are families, couples, or solo travelers seeking rejuvenation.
Optional Managers Villa: For added convenience, there is an option to purchase a standalone 2-bedroom manager’s villa for $420,000, allowing you to live on-site and enjoy the easy management of the properties.
Unmatched Business Potential:
This management rights opportunity is not just a job; it’s a chance to build a thriving business in a beautiful location. With the potential to increase the letting pool by marketing the properties more aggressively and enhancing amenities, you can significantly elevate the business’s profitability.
You will also benefit from the region’s tourist appeal, with easy access to Fraser Island (K'Gari) for day trips, whale watching tours during the migration season, and a plethora of water sports and local attractions that will entice visitors year-round.
Why Choose This Opportunity?
By investing in these management rights, you’re not only securing a viable business but also a lifestyle that many dream of. Hervey Bay offers a warm, inviting community with an array of recreational activities, cultural experiences, and natural beauty right at your doorstep. Imagine waking up to the sound of waves and the promise of each day being filled with the joy of managing happy guests in a picturesque setting.
Don’t miss out on this unique chance to create a fulfilling life and successful career in one of Queensland’s most sought-after coastal areas. This opportunity combines the best aspects of business ownership and lifestyle enhancement. Act now and embark on your journey in the idyllic Hervey Bay! Your dream lifestyle awaits!
**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **
Business Summary
Business Snapshot
Price: $740k MR & $420K Unit = Total $1.160M
Net Profit: $216,682 Remuneration / Body Corp Salary: $79,711
Managers Unit
Bedrooms: 2Bathrooms: 1Car Spaces: 1Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 49Total Units in Letting Pool: 22Owner Occupy Units: 20Outside Agent Units: 6Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
1. This business offers a 19% return on investment, making it a highly profitable opportunity.
2. The business is located in Hervey Bay, a popular holiday destination known for its stunning beaches and vibrant community.
3. The business includes the management rights for two adjoining complexes, providing greater income flexibility and operational synergy.
4. The rental portfolio includes both holiday lettings and long-term permanent tenants, ensuring income stability and adaptability.
5. The properties boast a total of 49 lots, with 22 currently in the letting pool, providing a solid foundation for income generation.
6. The facilities offered to guests, such as a swimming pool, barbecue facilities, and CCTV security, ensure a comfortable and enjoyable stay.
7. The property is ideally located across from Hervey Bay's waterfront esplanade, a bustling hub filled with cafes, shops, and recreational activities.
8. The serene surroundings and relaxed resort atmosphere make it an ideal destination for families, couples, and solo travelers seeking rejuvenation.
9. There is an option to purchase a standalone 2-bedroom manager's villa for added convenience.
10. The business has immense potential for growth, with the opportunity to increase the letting pool, market the properties more aggressively, and enhance amenities.
11. The region's tourist appeal, with easy access to Fraser Island and a range of water sports and local attractions, ensures a steady flow of visitors year-round.
12. The business offers not only a profitable investment but also an enviable lifestyle in a warm and inviting community.
13. The management rights agreement has 22 years remaining, providing long-term stability and potential for further growth.
14. The business is being sold by Ras360, specialists in motels, hotels, pubs, parks, and management rights.
15. The total price for the management rights and optional manager's villa is $1.16 million, with a net profit of $216,682 and a remuneration/body corp salary of $79,711.
