Seize Your Dream Investment at Bargara's Prime Resort

$970K MR&$600K Unit = $1.57M

Resort / Holiday Management Rights, BARGARA QLD

Get ready to step into the extraordinary at Bargara Blue Resort, a prime beachfront jewel nestled in the stunning coastal town of Bargara! This is not just any investment; it's your chance to embrace a life of financial freedom in paradise.

With an astonishing 20.8% ROI, this opportunity is a testament to your future financial success. Imagine living in a spacious three-bedroom, two-bathroom manager's unit, where comfort meets convenience, all while being at the helm of a thriving business! There's immense potential for growth under new management, ready for you to harness.

Efficiently managed by a single individual or couple, you'll enjoy the ease of limited office hours and streamlined systems that make daily operations a breeze. Plus, youll benefit from a comfortable Body Corporate salary, complete with an annual CPI increase.

Why continue the 9-to-5 grind when you can escape to a lifestyle filled with sunshine, ocean breezes, and the joyous vibrancy of Bargara?

Dont miss out on this unparalleled opportunity to invest in your future while enjoying a robust lifestyle in one of Queensland's most picturesque locations. Inspections are by appointment only, so take the leap and experience the magic of Bargara Blue Resort for yourself! Your paradise awaits!

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

More Information

Financial Overview

Total Purchase Price: $970K MR&$600K Unit = $1.57M
Net Income: $ 328,654 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 600,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{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: 17
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 13
_{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: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 30
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 68,098
_{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: 19 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: M-F 9.30am - 4.30pm Sat- 9.30am - 1pm
_{Required Office Hours}

Complex Features: Points that may assist understanding this little gem: Easy to run by a couple or one person with staff, very little gardening, Very reasonable office hours, Pro-active Body Corp committee, with a majority of dynamic investors. Lots of repeat customers, Lots of forward bookings (Xmas&Easter holidays usually booked one year in advance) Short walking distance to beach and to Bargara town centre on scenic walking trail, Less thanÂ½ hour drive to the centre of Bundaberg and all services and facilities. Constant income all year around, due to: 18 hole Bargara Golf Course next door! Many sportive events in the Bundaberg area, Bundaberg Rum Distillery experience (attracting over 60,000 visitors a year) Mon Repos Turtle sanctuary and the amazing spectacle of the Turtles laying their eggs and then the journey of the hatchlings from sand to sea, daily trips to Lady Elliott Island and Musgrave Island, perfect stop over for travellers from/to Brisbane to/from North Queensland, great relaxing spot after work for government, medical or private companies staff, constant flow of tourists attracted by the beautiful weather and the mixture of peace and quiet with enough attractions, beaches, cafes, pubs and restaurants, to please the entire family. The Resort: Location: Facing the Coral Sea on one side and the GolfClub on the other, Bargara Blue Resort is perfectly located, less than 100 metres to the Basin and Kellyâs Beach and 200 metres from the idyllic Bargara village centre. The resort features: 2 x 4 storey high buildings Lift Access Undercover security parking Â½ Tennis Court Heated Pool, Sauna, Small gym, BBQ and shaded al fresco sitting area Bargara / Bundaberg region and its many points of interest and projects under way: Idyllic beachside lifestyle in a family friendly flourishing coastal village, Full range of services&amenities 3 x 18 holes golf courses within a 15 klms radius .One of the best sub-tropical climates in the world, comparable to Hawaii, Gateway to the Southern Great Barrier Reef0