Right on the Esplanade

Location

Hervey Bay

Status

For Sale

Exclusive

Price:

$2,895,000

Manager's Unit:

Three Bedrooms

3 Bedrooms

Two Bathrooms

2 Bathrooms

One Parking

1 Car Park

Business Overview

RMS proudly and exclusively offer an easy-to-manage, short-stay management rights opportunity located right on the esplanade opposite the best beach in Hervey Bay. 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.

Standout Features:

  • Council zoned short stay only no owner-occupiers permitted
  • No requirement to reside on site
  • Superior beachfront location
  • Two managers units included (the 2 bedroom studio returns $58,564 to the manager - not included in the net profit figure)
  • 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

Nett Income: $489,869
Manager's Unit Value: $690,000
Remuneration: $69,413

Amenities

Swimming Pool

Swimming Pool

Tennis Court

Tennis Court

Wi-Fi

Wi-Fi

Cable TV

Cable TV

BBQ Facilities

BBQ Facilities

Undercover Parking

Undercover Parking

Lift Access

Lift Access

Opposite Beach

Opposite Beach

Matt Campbell
Matt Campbell

0410 343 219

matt@managementrights.com

Enquire About This Opportunity
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