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Luxurious Beachfront, Easily Managed, CHEAP!! – 1P3482MR

Management Rights $650,000
Address available on request
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27
no

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 : $400,000 (includes reception)
BUSINESS PRICE $250,000 (2.5 x multiple)
TOTAL PRICE : $650,000

Address available on request
Price: Management Rights $650,000

Ronnie Slebos

Business Broker - Central QLD
07 5371 0165
0414 964 333
ronnie@crebrokers.com

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