Exclusive

Business-only management rights earning $169,503 in tourism hotspot

Hinchinbrook Marine Cove Villas delivers a rare business-only management rights opportunity in Lucinda, North Queensland's premier fishing and tourism destination.

With 11 of 12 villas in the letting pool, this streamlined operation generates a projected net profit of $169,503, representing a 44% return on investment on the business component alone. The business-only structure eliminates the requirement to purchase real estate or live onsite.

Located just 150 metres from the renowned Dungeness Boat Ramp and directly across from Hinchinbrook Island, the complex benefits from demand driven by recreational fishing, crabbing, Great Barrier Reef access, and the world-famous Thorsborne Trail.

Caretaking duties are minimal, focused primarily on grounds maintenance, waste removal, and pool upkeep, making this a low-labour operation ideal for experienced operators seeking lifestyle or newcomers looking to establish themselves in the management rights sector.

The 14-year agreement term, established 8.5 OTA rating, and cooperative body corporate relationship provide operational stability. The business-only sale structure is highly sought after in the management rights marketplace, offering buyers the choice to operate remotely and live offsite if desired.

An optional two-bedroom villa is available for purchase, but ownership is not a condition of the agreement. With occupancy upside available with an already solid financial performance, this is a straightforward, low-maintenance business in a lifestyle location.

  • Business-only opportunity with no requirement to purchase real estate or live onsite, offering operational flexibility for remote management or portfolio expansion. There is also the added opportunity to purchase a villa within the complex
  • Delivers a projected net profit of $169,503 with a 44% return on investment on the business component, or 25% ROI if purchasing with optional two-bedroom villa
  • Located 150 metres from Lucinda's Dungeness Boat Ramp, a recognised fishing and tourism destination and gateway to Hinchinbrook Island
  • Occupancy upside available with potential to increase financial returns
  • Minimal caretaking duties focused on grounds maintenance, waste removal and pool upkeep, allowing for efficient low-labour operation
  • Positioned in a destination and lifestyle market with strong recreational appeal including fishing, boating, Great Barrier Reef and island access, Lucinda Jetty the longest service jetty in the southern hemisphere and close proximity to Ingham's amenities
  • 14-year agreement term with an established 8.5 OTA rating and a cooperative body corporate relationship providing operational stability
  • Inspection by appointment only 

 

Price Business Only  -  $380,000
Price Business inc Real Estate  -  $675,000
Steven Styles

Interested? Why not give Steven Styles a call on 0488 044 981 or