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      Accommodation & Tourism business for sale in Urangan

      • Accommodation & Tourism
      • Urangan QLD 4655
      • $670,000

      BE QUICK: Management Rights at Gated Community - Hervey Bay, Qld

      If ever you needed a reason to make the sea-change to beautiful Hervey Bay, this is it. Boasting an excellent reputation and high occupancy rate, this popular gated community is ready for new managers.
      Offering a regular income, commission and a standalone 4-bedroom, 2-bathroom residence, you should be quick to secure this fantastic freehold Management Rights opportunity.

      -26 lots plus Manager's residence in a gated community
      -Letting pool consists of 20 2-bedroom units - permanent retirement accommodation
      -Consistent operating profit of about $64,520
      -Easily operated by one person - no set office hours
      -Excellent location in Urangan - close to Shopping Centre, beach, harbour/marina and clubs
      -Management Rights Agreements run to 9 October 2037
      -Managers Body Corporate remuneration currently $2,865.89 monthly - CPI increased every October
      -Commission, fees and repairs from letting nets is about $36,000 pa
      -Scope to increase income by taking on more of the maintenance and gaining 2 rental units with external agents
      -Large covered community/BBQ area with swimming pool
      -Comfortable Manager's residence with covered patio and double garage
      -Grounds equipment supplied and maintained by Body Corporate
      -Office equipment included
      -Training provided
      The current managers have been in place since the complex opened 10 years ago. That long-term stability has made this a very successful and profitable operation.
      Easy to maintain, with no set hours, it would seek a single operator or a couple where one partner works elsewhere. An added bonus is that all the tenants bar one pay by direct debit so there's no cash to worry about.

      Price: $670,000
      Business - $230,000
      Manager's residence - $440,000

      Phone enquiries - please quote property ID 19115

      Business Highlights

      Business ID


      Last updated

      06 May 2018


      Accommodation & Tourism, Management Rights

      Map for Urangan QLD 4655

      Suite 1a, 608 Hawthorn Road Brighton East VIC 3187