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Exclusive to CRE Brokers. The only resort with a swim-up bar in Hervey Bay is on the market. The managers enjoy living in a very generously-sized 3 bedroom villa with ensuite, walk-in robe, second bathroom and downstairs powder room.
The resort features a beautiful pool area with swim-up bar that has a lucrative upside for the manager who delivers a bar sales service. The complex features a mix of 2 and 3 bedroom villas, all with ensuites, in an ideal location; close to the beach, close to Urangan Pier and close to a large shopping centre which includes a Woolworths.
Pets are OK, 27 units are in the letting pool, some holiday and some permanent so there is upside there too. The complex will shortly be repainted in moderns colours which will bring a positive uplift for the resort and its presence in Hervey Bay.
TOTAL NUMBER OF UNITS : 48
UNITS IN LETTING POOL : 27
NET PROFIT : $179,000
REAL ESTATE PRICE : $425,000
BUSINESS PRICE : $760,000
TOTAL ASKING PRICE : $1,185,000