Caretaking Only in Paradise - ID 8837

$999,000

Caretaking management rights, Hervey Bay QLD

Permanent Management Rights For Sale
No Licence Required

- Premier permanent complex in Hervey Bay
- Caretaking only - no real estate licence required
- Low maintenance grounds and resort style pool area
- Fantastic 3 bed, 2 bath, 2 car residence
- Walk to shops, waterfront, club etc

Due to unforeseen circumstances this property is being offered under market value for immediate sale. The caretaking agreement for Hervey Bays premier permanent complex is available now, offering new owner/s a wonderful lifestyle opportunity. Approximately 20 hours light duties per week leave the new caretaker plenty of time to enjoy all that Hervey Bay has to offer. In addition to the business is a house-sized townhouse that anyone would be proud to call home.

Act now and make 2026 a year to remember.

Net Profit: $80,000+
Asking Price: $999,000
(Inclusive of Manager's Real estate)

Net Profit: $80,000
Asking Price: $999,000
(Inclusive of Manager's Real estate)

More Information

Financial Overview

Total Purchase Price: $999,000
Net Income: $ 80,482 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 799,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 2.5
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 38
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 8
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 46
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 90,743
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 16 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 21 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: Swimming pool BBQ

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 799,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: The managerâs residence is a spacious and well-appointed three-bedroom, two-bathroom townhouse, thoughtfully designed for both comfortable living and practical functionality. It features a double remote garage, excellent storage throughout, and a private undercover alfresco area with a low-maintenance yardâperfect for relaxing or entertaining.Inside, the generous open-plan living and dining areas are complemented by a large, well-equipped kitchen, creating a welcoming central hub of the home. These living spaces flow seamlessly out to the alfresco area, enhancing indoor-outdoor living and entertaining ease. Additional features include a dedicated study and a separate, attached office with its own private entranceâideal for efficiently managing the business while maintaining a clear boundary between work and home life.