SOUTH GLADSTONE QLD 4680

$363K MR + $495K Unit = $895k Total

Motivated Vendor - Make an Offer!

- SOUTH GLADSTONE QLD

$363K MR + $495K Unit = $895k Total

A motivated vendor and significant price reduction create an outstanding opportunity to secure a high-yielding Management Rights business combining strong income, long-term security and an enviable coastal lifestyle.

Generating a verified net profit of $134,545, the business includes a Body Corporate salary of $50,533 GST per annum, indexed to CPI. At just a 2.7x multiplier, the Management Rights component delivers an exceptional return exceeding 37%, while the total $858k shows an impressive return of above 15%.

Importantly, there is genuine upside not currently reflected in the reported net profit. Six new cabins are soon to be commissioned, while a separate self-contained one-bedroom apartment currently generates $600 per week. A substantial 39.6kW solar system also helps minimise energy costs across the property.

The package includes a beautifully renovated and air-conditioned manager’s residence featuring two queen-sized bedrooms, separate office, oversized bathroom, well-appointed kitchen, separate dining and spacious lounge areas, plus outdoor entertaining.
Also included is a modern, fully renovated and furnished one-bedroom studio apartment with its own kitchen, dining area, bathroom and outdoor space, providing excellent additional income or guest accommodation.

With manageable office hours, Sundays closed and an easy part-time workload ideally suited to a couple, the business is supported by a cooperative Body Corporate and 21 years remaining on the Accommodation Module agreements.
Close to the township, harbour, rivers and surrounding islands, this is a compelling combination of high returns, future growth and relaxed coastal living.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Financials
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SOUTH GLADSTONE QLD 4680

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