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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