Mermaid Beach, Queensland

Lifestyle & Income Combined – Holiday Management Rights in Mermaid Beach - ID 8019

$1,275,000

Business Description

Holiday Management Rights for Sale
Absolute Beachfront Living

- 100% beachfront lifestyle, year-round.

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

- Body corporate salary of $60,463, with a net profit of $146,142.

- 25 year agreement with 21 years remaining.

- 10 units in the holiday letting pool.

- Modern, spacious manager's apartment with 1 bedroom, 1 bathroom, secure car space, air conditioning, and a 25m² 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! Upside for potential buyer as P&L of $146,142 was achieved with 8 units in the letting pool, there are now currently 10 in the letting pool.

Net Profit: $146,142
Asking Price: $1,275,000
(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: $1,275,000 Net Profit: $146,142 Remuneration / Body Corp Salary: $60,463

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: Exclusive UsePets OK: Yes

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

Complex Information

Complex Type: HolidayTotal Units in Complex: 35Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

Key Insights:

1. Prime beachfront location with a 100% beachfront lifestyle year-round.
2. Consistently strong and stable bookings with a high percentage of regular, returning customers.
3. Body corporate salary of $60,463 and a net profit of $146,142.
4. 25-year agreement with 21 years remaining.
5. 10 units in the holiday letting pool.
6. Modern and spacious manager's apartment with 1 bedroom, 1 bathroom, and a 25m² front yard.
7. Professional reception area with an exclusive and practical office attached.
8. Efficient Resly software to streamline work and improve productivity.
9. Centrally located on one of the best beaches in the Gold Coast.
10. Close to shops, restaurants, public transport, schools, and major shopping centres.
11. Upside potential for the buyer as the current net profit was achieved with only 8 units in the letting pool, now there are 10.
12. Net profit of $146,142 and asking price of $1,275,000 (inclusive of manager's real estate).
13. Manager's apartment valued at $650,000.
14. Complex type is holiday with a total of 35 units.
15. Agreement module is accommodation with a term of 25 years and 21 years remaining.
16. Complex amenities include a pool, spa, BBQ area, pay TV, and WIFI.

Management Rights Multiplier: 4.28
ROI Estimate: 23.38%