Torquay, Queensland

$1,600,000

Property Description

Hervey Bay Beauty

The accountants numbers in this investment speak for themselves; a net of $307,000 per annum which has been steadily increasing for the last 3 years; a business managed by 1 person, a low multiplier and spacious managers unit make for an exceptional investment opportunity.

Either jump in and manage it yourself for excellent returns whilst living in the tourism heart of Hervey Bay - the access point to Fraser Island and the annual Humpback Whale migration season. Or purchase and appoint a quality manager and still get around 12% ROI on your investment.

Contact Ronnie, the Central Queensland representative now to arrange a viewing.

Property Summary

Business Snapshot

Price: $1,600,000 Net Profit: $307,000 Remuneration / Body Corp Salary: $50,300

Managers Unit

Value of Managers Apartment: $400,000Bedrooms: 3

Complex Information

Complex Type: ResortTotal Units in Complex: 35Total Units in Letting Pool: 27Holiday Units: 27Owner Occupy Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

  • Ronnie Slebos

  • 0414 964 333
  • 0414 964 333
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Ronnie Slebos
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Torquay, Queensland 4655 Exact map location not provided

Similar Properties

BIGGERA WATERS
Waterfront Holiday Complex

1595000
Net Income: $244,655
Managers Estate: $430,000 3 Bed 1 Bath
Letting Pool: 59
Remuneration: $87,000

RAAS Group

ID 8882 BL ROCHEDALE
Business For Sale - Off the Plan Management...

$1,644,900
Net Income: $265,000
Managers Estate: $594,900 3 Bed 2 Bath
Letting Pool: 84
Remuneration:

MR Sales

ROCHEDALE
Another Quality Heran OTP

$1,644,900
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Next Business & Property Sales
Exhilarating Views!!
Exclusive

RUNAWAY BAY
Exhilarating Views!!

$1,525,000
Net Income: $195,900
Managers Estate: $625,000 - Bed - Bath
Letting Pool: 56
Remuneration: $96,600

Gavern Property - Management Rights

GAILES
Business For Sale - High Income - Great...

$1,550,000
Net Income: $228,000
Managers Estate: $430,000 3 Bed 2 Bath
Letting Pool: 68
Remuneration: $84,000

MR Sales
ABSOLUTE RIVER FRONT WITH NO SET OFFICE HOURS
Exclusive

TENERIFFE
ABSOLUTE RIVER FRONT WITH NO SET OFFICE...

$1,550,000 (Includes Apartment)
Net Income: -
Managers Estate: $900,000 2 Bed 2 Bath
Letting Pool: -
Remuneration: $106,791

RCA Business Brokers