Management Rights - Scarness Beachfront - 1P4283MR
EXCLUSIVE TO CRE BROKERS. Prime location Holiday Resort - the first choice of many celebrities when they visit Hervey Bay.
A high-rise consisting of 36 apartments, 2 and 3 bedroom, and all able to be locked down as required by demand.
Long term agreements on Accommodation Module with 17 years remaining and a Holman's verified net of $356,000 makes this one of the very the best Management Rights Investments on the Australian Eastern Seaboard.
Hervey Bay features multiple attractions that bring record-breaking visitor numbers each year including the annual humpback whale migration, heritage listed Fraser Island, Queensland's most advanced regional hospital and numerous large sporting events.
TOTAL NUMBER OF UNITS : 36
UNITS IN LETTING POOL : 27
MANAGERS RESIDENCE : 2 bed, 2 bath plus large courtyard – pets allowed
NET PROFIT : $356,000
REAL ESTATE PRICE : $475,000
BUSINESS PRICE : $1,575,000
TOTAL ASKING PRICE : $,2050,000
Complex InformationTotal Units in Complex: 0
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS