Right on the Esplanade

Hervey Bay QLD, Australia

Property Info

Location
Hervey Bay QLD, Australia
Price
$2,195,000
Property Type:
Fraser Coast Management Rights
Status:
For Sale
IM :
Download Property IM

Property Description

RMS proudly and exclusively offer an easy-to-manage, short-stay management rights opportunity located right on the esplanade opposite a safe swimming beach that stretches for kilometres. This property provides four-star, fully self-contained apartments with million-dollar views across the Bay to Fraser Island.

Comprised of 30 spacious and tastefully appointed units with large balconies, resort offers highly sought-after holiday accommodation within walking distance of renowned beaches and local attractions. This business offers significant letting pool stability due to council zoning rules.

Key highlights:

  • Council zoned short stay only – no owner occupiers permitted
  • Superior beachfront location
  • Two accommodation units included
  • Separate office (on title)
  • Solid body corporate salary
  • Perfect building for a start-up or experienced management couple
  • High guest return rate
  • Easy to maintain
  • Historic maintenance history

The Managers Residence
This business opportunity is unique in that the manager’s unit has been divided in to two parts, each with their own entry. Both are spacious and airy, and feature well-designed kitchens, bathrooms and laundries. The two-bedroom studio unit is currently in the rental pool and the one-bedroom unit is used by staff. There are two exclusive-use car parks plus additional storage.

Financial Details

Nett Income:
$359,328
Remuneration:
$54,123

Manager's Unit

Number of Bedrooms:
3
Manager's Unit Value:
$540,000 (including office)

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
19 years
Units in Letting Pool:
28

Property Facilities

  • Swimming Pool
  • Tennis Court
  • Security Undercover Parking
  • BBQ Facilities
  • Opposite Beach

Map

Contact Agent


 

The Fraser Coast region is rich in diversity and natural beauty. Discover the beauty of World Heritage Listed Fraser Island, the largest sand island in the world and the only place on the planet where rainforest grows from sand. Australia's whale watching capital from August to November, Hervey Bay also offers 20 kilometres of sweeping golden beaches and a beautiful, safe aquatic playground.

Dotted along the mainland of the Great Sandy Strait lie the seaside townships of Rainbow Beach, Tin Can Bay, Tinnanbar, Poona, Tuan, Boonooroo and Maaroom, while rich in history and culture, Maryborough is one of Queensland's oldest and largest provincial cities.

The nature of the Management Rights business is one of constant change. If you cannot find what you are looking for please check back often as the site is constantly updated to reflect the listings that we manage.

If you are interested in purchasing Fraser Coast Management Rights please check listings above and contact us.

 

Pin It