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SOUTH GLADSTONE, QLD
Price Reduced to sell. High Yield Management Rights 34% Return, Accommodation Module, Coastal Lifestyle
Toolooa Street, South Gladstone, QLD, 4680
Services · Management Rights
$401K MR + $495K Unit = $895k Total
Price dropped. Motivated vendor. Enjoy the perfect balance of income and lifestyle with this well-positioned Management Rights business, ideally located close to the township, harbour, and surrounding islands.The business delivers a strong verified net profit of $134,545, complemented by a Body Corporate salary of $58,200 inc GST per annum, indexed to CPI. With a 2.9x multiplier, this represents an exceptional return of over 34% on the management rights and a solid 15% return on the total investment. The Park also has a very large 39.6kw solar system ensuring low energy consumption.There is also significant upside, with six new cabins soon to be commissioned, providing further income growth. In addition, a self-contained one-bedroom apartment generates $590 per week, along with other park-related revenue streams, none of which are currently included in the reported net profit.The total package of $895k includes a fully renovated, modern managers residence offering spacious living, along with a separate self-contained one-bedroom furnished apartment, ideal for additional income or guest accommodation.This easy, part-time operation is perfectly suited to a couple and is supported by a friendly and cooperative Body Corporate. With 21 years remaining on the accommodation module agreement, the business offers long-term security and peace of mind.Positioned close to the town centre, harbour, local rivers, and surrounding islands, the location provides a relaxed coastal lifestyle in a desirable sub-tropical climate, with strong potential to further increase net profit.This is a rare opportunity to secure a high-performing management rights business combining excellent returns, future growth, and an enviable lifestyle.Ras360 Management Rights | Motels | Hotels | Pubs | Parks
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