UNDER OFFER - Management Rights - Scarness
Beachfront - 1P4283MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
EXCLUSIVE TO CRE BROKERS. Prime location Holiday resort - the first choice of many celebrities when they visit Hervey Bay.

A high-rise consisting of a total of 36 apartments, 2 and 3 bedroom and all able to be locked down as required by demand.

Long term agreements on Accommodation Module with 17 years remaining and a Holman's verified net of $374,762 makes this one of the very the best Management Rights Investments on the Australian Eastern Seaboard.

Hervey Bay features multiple attractions that bring record breaking visitor numbers each year including the annual humpback whale migration season, heritage listed Fraser Island, Queensland's most advanced regional hospital, and numerous large sporting events that keep bringing visitors back to the region year after year.

TOTAL NUMBER OF UNITS : 36
UNITS IN LETTING POOL : 27 + 8 external

MANAGERS RESIDENCE : 2 bed, 2 bath plus large courtyard – pets allowed

NET PROFIT $374,762
REAL ESTATE PRICE $475,000
BUSINESS PRICE $1,600,000
TOTAL ASKING PRICE $2,075,000
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Business Name / Ref #:
Contact Advertiser
Location:
Scarness
QLD
Asking Price:
$2,075,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
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 OFFER - Management Rights - Scarness Beachfront - 1P4283MR ListingImage
About this business
EXCLUSIVE TO CRE BROKERS. Prime location Holiday resort - the first choice of many celebrities when they visit Hervey Bay.

A high-rise consisting of a total of 36 apartments, 2 and 3 bedroom and all able to be locked down as required by demand.

Long term agreements on Accommodation Module with 17 years remaining and a Holman's verified net of $374,762 makes this one of the very the best Management Rights Investments on the Australian Eastern Seaboard.

Hervey Bay features multiple attractions that bring record breaking visitor numbers each year including the annual humpback whale migration season, heritage listed Fraser Island, Queensland's most advanced regional hospital, and numerous large sporting events that keep bringing visitors back to the region year after year.

TOTAL NUMBER OF UNITS : 36
UNITS IN LETTING POOL : 27 + 8 external

MANAGERS RESIDENCE : 2 bed, 2 bath plus large courtyard – pets allowed

NET PROFIT $374,762
REAL ESTATE PRICE $475,000
BUSINESS PRICE $1,600,000
TOTAL ASKING PRICE $2,075,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$2,075,000

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