Torquay, Queensland


Property Description

Business For Sale - Ideal First Time Management Rights in Beachfront Location - ID 8912 BL

Hervey Bay Lifestyle Business on Offer

- Get out of the 9-5 rut and come and work for yourself
- Opposite a calm water beach in beautiful Hervey Bay
- Small footprint means minimal caretaking duties
- Long agreements
- Good clientele, mainly couples young families and retirees
- Just 10 units in the letting pool means ideal for a couple to manage
- 2 bedroom managers unit with exclusive use office and storage
- Great business for semi retirement or for a first time operator
- This is all about lifestyle. Plenty of time to go fishing, bowling, golfing or just to relax and enjoy each others' company

This is a great way to spend a few years, working part time and earning a full time income with many perks. Management Rights is a secure industry backed by a strong local tourism industry. Hervey Bay offers a wonderful lifestyle to its locals with excellent all year round weather, calm water beaches and a relaxed vibe. Come and see what the locals and regular travelers rave about

Net Profit: $113,000
Asking Price: $730,000
(inclusive of managers real estate)

Property Summary

Business Snapshot

Price: $730,000 Net Profit: $113,000 Remuneration / Body Corp Salary: $24,677Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive Use

Complex Information

Complex Type: HolidayTotal Units in Complex: 12Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesWIFI: Yes

Marketing Agent

Marketing Agency

MR Sales

Tony Johnson
MR Sales


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Map Location ( get directions )

Torquay, Queensland 4655 Exact map location not provided

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