Urangan, Queensland
Thriving Management Rights Opportunity in Stunning Hervey Bay
$677k - Business only
Business Description
Step into an incredible opportunity to own a thriving management rights business in the picturesque coastal paradise of Hervey Bay! This exceptional offering includes management rights for two adjacent complexes, providing a unique chance to maximize your income potential while enjoying a vibrant lifestyle in one of Queensland’s most sought-after holiday destinations.
With a total of 49 lots, including 22 in the letting pool, you’ll have the flexibility to balance both holiday and permanent rentals. The well-maintained resort features a range of enticing amenities such as a sparkling swimming pool, inviting BBQ area, reliable CCTV for the security of your guests, and complimentary Wi-Fi, ensuring a delightful experience for all visitors.
Positioned directly across the street from the famous waterfront esplanade, this resort captures the essence of coastal living. Imagine your guests savoring breathtaking sunrises, taking leisurely walks along the beachfront, and enjoying easy access to the dazzling waters of Hervey Bay—all while staying in your beautiful property! The secluded atmosphere creates a relaxing ambiance, making it the perfect getaway for families, couples, and solo travelers alike.
In addition to its prime location, the resort is within walking distance of the local boat harbour, opening up exciting adventures like day trips to the majestic Fraser Island (K'Gari) and unforgettable whale watching experiences during migratory seasons. The potential for growth is immense, allowing you to expand both the letting pool and your income.
Boasting a robust net profit of $261,956, and an incredible ROI of over 38% , this management rights business not only offers a rewarding career but also a desirable lifestyle—one that many dream of but few attain. You have the option to purchase a standalone 2-bedroom manager's villa for $420,000, giving you the perfect home base while managing your resort.
This is more than just a business opportunity; it’s a chance to immerse yourself in a beautiful community surrounded by stunning beaches and vibrant local culture. Don’t let this fantastic opportunity pass you by! Invest in your future today and embrace a lifestyle rich in adventure, relaxation, and success in the idyllic coastal wonder of Hervey Bay!
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $677k - Business only
Net Profit: $261,956 Remuneration / Body Corp Salary: $79,711
Complex 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. Prime location in the highly sought-after holiday destination of Hervey Bay, offering a picturesque coastal lifestyle.
2. Opportunity to manage two adjacent complexes, providing potential for increased income and flexibility in rental options.
3. Well-maintained resort with attractive amenities such as a swimming pool, BBQ area, and CCTV for guest security.
4. Close proximity to the waterfront esplanade, local boat harbour, and popular attractions like Fraser Island and whale watching experiences.
5. Strong net profit of $261,956 and an impressive ROI of over 38%.
6. Option to purchase a standalone 2-bedroom manager's villa for $420,000, providing a comfortable home base while managing the resort.
7. Opportunity to immerse oneself in a vibrant local community and enjoy a lifestyle rich in adventure, relaxation, and success.
8. Specialized management rights, motel, hotel, pub, and park specialists with extensive experience in the industry.
9. Business only sale for $677k, with a generous remuneration/body corp salary of $79,711.
10. Long agreement term of 25 years with 22 years remaining, providing stability and security for the new owner.
