Mermaid Beach, Queensland

The Paradise for Beach Lovers with Excellent Income - ID 8019

$1,310,000

Business Description

Mixed Management Rights for Sale
Absolute Beachfront Living Offering Peace and Beauty

- 100% beachfront lifestyle, 24/7, year-round.

- Consistently strong and stable bookings with a high percentage of regular, returning customers.

- Body corporate salary of approximately $60,463, with a net profit of $170,598.

- 25-year agreement with 17 years remaining.

- 10 units in the letting pool.

- Modern, spacious apartment with 1-bedroom, 1-bathroom, secure car space, air conditioning, and a 25-square-meter front yard.

- Professional reception area with an exclusive and practical office attached on title.

- Efficient Resly software to streamline work and improve productivity.

- Centrally located on one of the best beaches in the Gold Coast.

- Very close to shops, restaurants, public transport, schools, and major shopping centres—super convenient location.

Enjoy this absolute beachfront lifestyle along with great financial rewards. This is an opportunity you can't afford to miss!

Net Profit: $170,598
Asking Price: $1,310,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business opportunity contact:
Management Rights Broker
Bill He

Property Code: 911

Business Summary

Business Snapshot

Price: $1,310,000 Net Profit: $170,598 Remuneration / Body Corp Salary: $60,463

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes

Beachfront apartment with one-bedroom, one-bathroom, and one secure carspace.

Complex Information

Complex Type: MixedTotal Units in Complex: 35Total Units in Letting Pool: 10Owner Occupy Units: 14Outside Agent Units: 4Lockup Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. 100% beachfront lifestyle, 24/7, year-round.
2. Consistently strong and stable bookings with a high percentage of regular, returning customers.
3. Body corporate salary of approximately $60,463, with a net profit of $170,598.
4. 25-year agreement with 17 years remaining.
5. 10 units in the letting pool.
6. Modern, spacious apartment with 1-bedroom, 1-bathroom, secure car space, air conditioning, and a 25-square-meter front yard.
7. Professional reception area with an exclusive and practical office attached on title.
8. Efficient Resly software to streamline work and improve productivity.
9. Centrally located on one of the best beaches in the Gold Coast.
10. Very close to shops, restaurants, public transport, schools, and major shopping centres—super convenient location.
11. Net profit of $170,598 and asking price of $1,310,000 (inclusive of Manager's Real Estate).
12. Beachfront apartment with one-bedroom, one-bathroom, and one secure carspace.
13. Mixed complex with 35 units, 10 in the letting pool, and 14 owner-occupied units.
14. 25-year agreement with 17 years remaining and accommodation agreement module.
15. On-site amenities include a pool, spa, BBQ area, pay TV, and WIFI.

Management Rights Multiplier: 4.45
ROI Estimate: 22.45%