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The Management Rights to Enjoy Hervey Bay

$825,000

Hervey Bay, Queensland

The Management Rights to Enjoy Hervey Bay

This Permanent lettings complex offers a single operator or semi retired couple a nice income suited to maintain a comfortable family life.

Clean neat and tidy, this operation earns $100K with minimal fuss.

Grounds are easily maintained, the townhouses are in excellent condition and with a safe, quiet environment enjoyed by all, this could be just what you are looking for.

The managers residence has its own entry point, separate from the office, but can be accessed internally for ease of operation.

The choice is yours.

Long established earnings, nearly 20 years of an exclusive caretaking salary in place (increasing annually), plus 30 Lots exclusively managed by the onsite managers with no set office hours, this ingredients definately provides an excellent life style change.

Time for you to take a leap and enjoy Hervey Bay in a stylish way....

Features

Business Snapshot

  • Price: $825,000
  • Net Profit: $100,000

Managers Unit

  • Value of Managers Apartment: $405,000
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 45
  • Total Units in Letting Pool: 30
  • Holiday Units: 30
  • Owner Occupy Units: 11
  • Agreement Term: 25 years
  • Agreement Term Remaining: 19.5 years to run years

Business Links / Tools

Last updated: 11th March 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Hervey Bay
State
 Queensland
Price
$825,000
Category
  • Management Rights
  • Property/Real Estate

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