Urangan, Queensland

Unlock a Financial and Lucrative Lifestyle in Hervey Bay!

SOLD

Business Description

Whether you're a newcomer seeking a fresh start or an experienced management team wanting to elevate your lifestyle, this unique investment opportunity is perfectly suited for you. Don’t miss your chance to live and thrive in beautiful Urangan, where tropical living meets lucrative business! Grab this opportunity and turn your dream into reality today

Step into your dream lifestyle with this incredible Resort / Holiday Management Rights opportunity in Urangan Hervey Bay! Just minutes from the stunning beach, this thriving resort offers an outstanding return of over 15% ROI, making it a golden chance for those ready to embrace both a relaxed lifestyle and financial freedom.

With a net profit exceeding $190,000 and a generous salary of $87,000, this business stands as a testament to its popularity and success! Enjoy living in an exceptional three-bedroom, two-bathroom manager's unit that boasts a spacious layout and a private courtyard—your personal oasis after a day of managing the resort. You'll also have peace of mind with security cameras installed all around the complex, ensuring a safe and secure environment for everyone.

Imagine delighting guests with these fantastic facilities, including Hervey Bay's only swim-up bar—what an exciting draw for vacationers! Other fantastic amenities like a tennis court, heated magnesium pool, and games room ensure guests have everything they need for an unforgettable stay.

The spacious office is on title which adds security and peace of mind, allowing you to enjoy life while you diligently oversee the resort. Long-term agreements are already in place, including a recently approved top-up, promising stability for new owners.

But that's not all! Enjoy being just minutes away are the beautiful botanical gardens and popular cafes, Enjoy being just minutes away from the beautiful botanical gardens and popular cafes and restaurants all within walking distance. A must-see attraction at Queensland's Fraser Coast is Hervey Bay's famous and historic Urangan Pier—one of the longest piers in Australia, stretching nearly one kilometre into the ocean, inviting exploration and stunning views! Hervey Bay is renowned as the most popular place for whale watching, offering unforgettable experiences as majestic humpback whales visit each year, attracting tourists eager to witness their beauty. The sandy beach is just 450 meters away, providing sun-soaked days and fun-filled activities for both owners and guests alike.


Business Summary:

High Profitability: Impressive net profit exceeding $190,000 and a competitive salary of $87,000 and an amazing ROI of 15%, growing business .
Prime Location: Just minutes away from beautiful botanical gardens and the popular Arkarra Gardens Café Restaurant, and the historic Urangan Pier is minutes away, and Hervey is renowned for whale watching .
Convenient Beach Access: Only 450 meters to the sandy beach, offering fun-filled activities for owners and guests.
Security & Peace of Mind: Equipped with comprehensive security cameras throughout the complex for safety.
Flexible Operations: Enjoy flexible business hours and an office on title, enhancing operational efficiency.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $191,709 Remuneration / Body Corp Salary: $87,117

Managers Unit

Value of Managers Apartment: $680,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 48Total Units in Letting Pool: 17Owner Occupy Units: 30Agreement Term: 25 yearsAgreement Term Remaining: 24 years
Marketing Agent
Geoff Hatchman
Geoff Hatchman

Key Investment Insights

1. High profitability: The business has an impressive net profit of over $190,000 and a competitive salary of $87,000, with an ROI of 15%.

2. Prime location: The business is located in Urangan, Hervey Bay, just minutes away from beautiful botanical gardens, popular cafes and restaurants, and the historic Urangan Pier. The area is also renowned for whale watching, attracting tourists each year.

3. Convenient beach access: The sandy beach is only 450 meters away, providing fun-filled activities for both owners and guests.

4. Security and peace of mind: The complex is equipped with comprehensive security cameras, ensuring a safe and secure environment for everyone.

5. Flexible operations: The business offers flexible business hours and an office on title, enhancing operational efficiency.

6. Manager's unit: The manager's unit is valued at $680,000 and boasts three bedrooms, two bathrooms, and two car spaces.

7. Resort/holiday complex: The business is a resort/holiday management rights opportunity, with a total of 48 units in the complex and 17 units in the letting pool.

8. Long-term agreements: The business has long-term agreements in place, including a recently approved top-up, providing stability for new owners.

9. Proximity to popular attractions: The business is located within walking distance of popular attractions such as the botanical gardens, cafes and restaurants, and the famous Urangan Pier.

10. Lifestyle opportunity: The business offers a unique opportunity to live and thrive in beautiful Urangan, where tropical living meets a lucrative business.

Management Rights Multiplier: 2.97
ROI Estimate: 33.63%

Listing location
Gallery

This Business is sold

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