Mermaid Beach, Queensland

Incredible Nobby Beach Holiday Business – Great ROI | Resort Brokers ID : MR006877

$1,815,000

Property Description

With no requirements to live on site, no office hours and a short stroll to the beach, café’s & shops – this business has it all!



  • No requirement to live onsite

  • No office hours

  • Low multiplier

  • Long term agreement - Gallery Vie compliant

  • One block away from Nobbys Beach Surf Club and patrolled beach

  • A short stroll to eclectic Nobby shops and restaurant precinct

  • Two bedroom, two bathroom, air conditioned managers apartment on the ground floor

  • Plenty of storage areas

  • Property inspections are by appointment only


Date updated: 24 Sep 2021 23:00:08

Property Summary

Business Snapshot

Price: $1,815,000 Net Profit: $251,575 Remuneration / Body Corp Salary: $80,627

Managers Unit

Value of Managers Apartment: $560,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 17Holiday Units: 17Owner Occupy Units: 10Outside Agent Units: 9Agreement Term Remaining: 24 years
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