Urangan, Queensland
Profit keeps increasing, Opportunity in Stunning Hervey Bay
$836k - 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 $216,682, and an incredible ROI of over 29% , This profit has increased again since this P&L figure was released showing it is still a growing business .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: $836k - Business only
Net Profit: $239,660 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. The business for sale is a management rights business in the popular coastal destination of Hervey Bay.
2. The business includes management rights for two adjacent complexes, providing the opportunity to maximize income potential.
3. The resort features a range of amenities including a swimming pool, BBQ area, CCTV security, and complimentary Wi-Fi.
4. The location of the resort is directly across from the waterfront esplanade, offering stunning views and easy access to the beach.
5. The business has a strong net profit of $216,682 and an impressive ROI of over 29%.
6. The profit has been increasing and the business is still growing.
7. The potential for growth is immense, with the opportunity to expand the letting pool and increase income.
8. The business offers a desirable lifestyle, surrounded by beautiful beaches and a vibrant local culture.
9. There is an option to purchase a standalone 2-bedroom manager's villa for $420,000, providing a home base while managing the resort.
10. The business is being sold by specialists in management rights, motels, hotels, pubs, and parks.
11. The price for the business is $836,000, with a net profit of $239,660 and a remuneration/body corp salary of $79,711.
12. The complex is a resort/holiday type with a total of 49 units, 22 of which are in the letting pool.
13. There are 20 owner-occupied units, 6 outside agent units, and 1 lockup unit.
14. The agreement term is 25 years with 22 years remaining.
