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637

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Exciting Mixed Management Rights Opportunity in Eli Waters, QLD

$1.35MR$570K Unit = $1.92M

Resort / Holiday Management Rights, ELI WATERS QLD

- Net profit - $386,551
- Salary - $95,464
- Huge 20% ROI

Set sail towards an incredible lifestyle and unparalleled growth potential in one of Queensland's best-kept secrets! This mixed management rights business presents an extraordinary chance to blend work with a sun-soaked paradise.

Opportunity Awaits: The current owner's health creates a rare opening for you to step in and thrive in an established business with solid foundations and a reliable customer base.

- Motivated Seller: With the owner eager to explore all offers, this is your chance to seize an exciting, profitable venture!

- Spacious Office Space: Enjoy a large, well-designed office and welcoming reception area that comes with the title, providing an excellent space for operational tasks and client interactions.

- Exclusive Parking: Benefit from significant exclusive-use parking areas, complemented by additional parking included on title for guests and clients.

- Prime Visibility: Located prominently with exceptional street visibility directly opposite a bustling shopping center, attracting foot traffic and interest and 5 schools within 2 kms.

- Reliable Income: This business boasts a solid, repeat clientele with a proven track record, ensuring financial stability and peace of mind as an investor.

- Streamlined Operations: The established, easy-to-follow systems make it simple for newcomers to integrate smoothly and hit the ground running!

- Versatile Living Space: A generous 3-bedroom residence awaits you, easily convertible into a rare 4-bedroom home, featuring a separate office and large adjoining reception area with its own entrances for added convenience and privacy.

- Low-Maintenance Gardens: Discover recently renovated outdoor spaces that enhance the propertys aesthetic appeal while requiring minimal upkeep.

- Tourism Hotspot: Positioned within a booming area recognized internationally for its tourism potential, this location is thriving with a vibrant real estate market that continues to grow strong.

Limitless Expansion: Explore fantastic options to expand into a tourism/holiday complex or even delve into the real estate sector for the right operator, which opens doors to new revenue streams.

Activity Coordination: Easily establish booking systems for local tours and activities that guests will love, including whale watching, fishing charters, scenic tours, and adventure sports. Offering free transfer services to and from the activities makes your property even more appealing to guests seeking excitement!

Flexible Management: Maintain the current operations with existing long-term agreements in place for a hassle-free transition or take charge to expand and grow the business furtheryour vision will shape the future!

Ideal Location: Situated in the vibrant Pialba district of Hervey Bay, this prime spot is just a stones throw from Brisbane, making it accessible for both residents and visitors.

Exceptional Amenities: The property features dual saltwater pools, extensive outdoor relaxation areas, private villa parking, and a dedicated Tour Desk that enhances the guest experience, making your offering truly stand out.

Investors Dream: With promising long-term agreements already established, substantial net profit potential, and a comprehensive investment package, this opportunity is tailor-made for savvy investors.

Why buy this business

Hervey Bay is an emerging destination famous for its stunning beaches, vibrant community, and burgeoning tourist appeal. With 64 charming villaseach equipped with private undercover parking, free Wi-Fi, and excellent amenitiesthis investment offers competitive financial terms and a substantial return on investment, highlighting both profitability and lifestyle benefits. It is located a comfortable three-and-a-half-hour drive or just a 45-minute flight north of Brisbane, boasts stunning natural beauty while providing the attractions of a mature, established city. With trends indicating continued growthnow estimated at a population of over 58,000this vibrant coastal community offers the promise of both adventure and opportunity.

Become part of the impressive 1.4 million overnight visitors who flock to this enchanting region each year! The captivating lifestyle and high quality of life are the main reasons why so many people are drawn to Hervey Bay and choose to make it their home.

Exciting developments like the newly unveiled $100 million regional library and council administration center, combined with the town's recognition as the seventh most popular destination in Australia according to the Wotif 2022 Aussie Town of the Year Awards, highlight the region's promising future and continued growth potential.

Seize this opportunity for remarkable growth and fulfillmentmake it yours today!

**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

  • Total Purchase Price: $1.35MR$570K Unit = $1.92M
  • Net Income: $ 386,551 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 570,000
    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: 38
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 22
    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: 5
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 65
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 95,463
    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: 22 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: as per agreement
    Required Office Hours
  • Complex Features: 00
  • Real Estate Component

  • Manager's Unit:   3 2
  • Included Real Estate: $ 570,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: No
    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:

    Similar Properties

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    • Property ID: 21147625
    • Broker's Ref:
    • =755052
    • Last Update: 1 month ago.
    • Listing Type: Resort / Holiday
    • Price: $1.35MR$570K Unit = $1.92M
    • ELI WATERS, 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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