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  • Management Rights Wide Bay
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Turnkey Coastal profitable Management Rights with Circa 16% ROI no office hours

$1.35M MR&$800K Unit = Total $2.15M

Resort / Holiday Management Rights, HERVEY BAY QLD

No Office hours- Contactable by phone-Whether you're a newcomer seeking a fresh start or an experienced management team wanting to elevate your lifestyle, this unique investment opportunity is perfectly suited for you. Dont miss your chance to live and thrive in beautiful Hervey Bay, where tropical living meets lucrative business! Grab this opportunity and turn your dream into reality today. This established operation offers beautiful spacious selfcontained villas, resortstyle facilities and strong appeal to families, couples with immediate cashflow and an easy transition to new ownership. This is an attractive location for owneroperators seeking a profitable business and a lifestyle at the same time.

Property & business highlights:
- Prime location: peaceful Hervey Bay setting, close to beaches, coastal walks, dining and tour operators.
- Accommodation mix: selfcontained villas suited to shortstay and holiday markets.
- Resort facilities: swimming pool, large spa, sauna, BBQ area and complimentary WiFi.
- Contracts & demand: existing government contracts provide reliable, contracted revenue and the property benefits from a large base of repeat guests and corporate clients.
- Turnkey operation: established branding, bookings pipeline, management systems and wellmaintained assets ready for takeover.
- Strong tourism fundamentals: positioned in Hervey Bay Australias whalewatching capital with yearround visitation.

Why buy management rights in Hervey Bay (and why this opportunity stands out):
- Reliable recurring revenue: management fees, letting commissions, onsite services plus government contract income.
- Lower capital outlay vs Freehold.
- High occupancy and repeat business supported by Hervey Bay's tourism draw and loyal guest base.
- Direct control to grow revenue via marketing, OTA optimisation, packaged services and expanded pet/corporate offerings.


More Information

Financial Overview

  • Total Purchase Price: $1.35M MR&$800K Unit = Total $2.15M
  • Net Income: $ 340,875 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 800,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: undisclosed
    Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.

Letting Business

  • Letting Pool: 18
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 40
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 3
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 55
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 102,516
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 21 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: Contactable by phone only
    Required Office Hours
  • Complex Features: Manaqued gardens close to the beach.0
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 800,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:

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    • Property ID: 21171599
    • Broker's Ref:
    • =755052
    • Last Update: 1 month ago.
    • Listing Type: Resort / Holiday
    • Price: $1.35M MR&$800K Unit = Total $2.15M
    • HERVEY BAY, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Ras360

    Portrait

    Geoff Hatchman

    Office : 0755930...
    Mobile : 0427 938 444, ...

    Ras360

    https://ras360.com.au/management-rights/


    Send an Email:


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