UNDER CONTRACT - Luxurious Beachfront, Easily
Managed, CHEAP!! - 1P3482MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
HERVEY BAY MANAGEMENT RIGHTS FOR SALE – EXCLUSIVE TO CRE BROKERS

If you are seeking a very easy to run business in an ideal location with a very nice apartment to reside, this has to be the one.

This Management Rights is priced to sell quickly due to one of the owners having a deteriorating health condition. Don't delay to secure yourself a bargain!

• Presently only 5 holiday let units to manage
• No set office hours, work as you please!
• Same owners since its inception (opened in 2007)
• Very simple complex to run, easily by 1 person
• Resort Style living across from the beach/bay
• Every Unit is waterfront with expansive ocean views

TOTAL NUMBER OF UNITS: 40
UNITS IN LETTING POOL: 15 (including 10 permanent)

Length of Agreements: 19 years remaining
Agreement Term: 25 years (Accommodation Module)

MANAGERS RESIDENCE: 2 x bedroom / 2 x bathroom, open plan, north facing with views

NET PROFIT $98,273 (includes BC Salary)

REAL ESTATE PRICE : $350,000 (includes reception)
BUSINESS PRICE $300,000 (2.5 x multiple)
TOTAL PRICE : $650,000
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Location:
QLD
Asking Price:
$650,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
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Contact Details:
0414 9.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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UNDER CONTRACT - Luxurious Beachfront, Easily Managed, CHEAP!! - 1P3482MR ListingImage
About this business
HERVEY BAY MANAGEMENT RIGHTS FOR SALE – EXCLUSIVE TO CRE BROKERS

If you are seeking a very easy to run business in an ideal location with a very nice apartment to reside, this has to be the one.

This Management Rights is priced to sell quickly due to one of the owners having a deteriorating health condition. Don't delay to secure yourself a bargain!

• Presently only 5 holiday let units to manage
• No set office hours, work as you please!
• Same owners since its inception (opened in 2007)
• Very simple complex to run, easily by 1 person
• Resort Style living across from the beach/bay
• Every Unit is waterfront with expansive ocean views

TOTAL NUMBER OF UNITS: 40
UNITS IN LETTING POOL: 15 (including 10 permanent)

Length of Agreements: 19 years remaining
Agreement Term: 25 years (Accommodation Module)

MANAGERS RESIDENCE: 2 x bedroom / 2 x bathroom, open plan, north facing with views

NET PROFIT $98,273 (includes BC Salary)

REAL ESTATE PRICE : $350,000 (includes reception)
BUSINESS PRICE $300,000 (2.5 x multiple)
TOTAL PRICE : $650,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$650,000

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