Attractive Hervey Bay Proposition

Hervey Bay, QLD, Australia

Property Info

Location
Hervey Bay, QLD, Australia
Price
$ 998,300
Property Type:
Fraser Coast Management Rights
Status:
For Sale
Code :
H801

Property Description

Popular, small 4 star complex, easy to run with good repeat business. Most units are air conditioned and have good water views. Overflow bookings from multi-million dollar “Oceans Resort” next door provides a constant source of guests.

Enjoy beach side panoramic views of Hervey Bay and Fraser Island. Only metres from the tranquil waters of Hervey Bay and within 50 metres of restaurants, bars, boutiques and day spas. Tourist attractions such as the beautiful Botanic Gardens, the iconic Urangan Pier and the Aquarium are close by and if you're heading for Fraser Island or out to see the whales then pick up is right at the front gate. 

Three bedroom plus study managers unit, and a business with long agreements and the the potential to grow, makes this an attractive proposition.

Financial Details

Nett Income:
$158,764
Remuneration:
$19,000 + GST

Manager's Unit

Number of Bedrooms:
3
Manager's Unit Value:
$395,000

Letting Rights

Agreement Term:
25 years
Agreement Remaining:
21 years
Units in Letting Pool:
10
Outside Agents:
3

Property Facilities

  • Swimming Pool
  • Cable TV
  • Security Undercover Parking
  • WI-Fi
  • BBQ Facilities

Map

Contact Agent


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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.

 

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