Mermaid Beach, Queensland

Mermaid Beach Just Got Hotter: 0.3 Multiplier On Now! - ID 7829

$990,000

Business Description

Mixed Management Rights for Sale
Huge Income Upside Potential

- 0.3 multiplier on the Gold Coast – an amazing deal, as the manager has committed to other business ventures. Urgent sale.

- Buy a property and get a business almost free, with $66,731 net income per year.

- A genuine and simple reason for sale – you won’t find another bargain like this on the Gold Coast.

- Stable body corporate salary of $56,138 + GST, with annual CPI increases.

- Strong year-round booking demand with consistently high occupancy rates.

- Very small rental pool of only 3 (1 holiday, 2 permanent), plus 6 with outside agents.

- Enormous potential to dramatically increase income by converting permanents to holiday rentals and expanding the letting pool.

- 25-year long agreement with 15 years remaining – secure long-term tenure.

- Boutique modern apartments featuring 2 bedrooms, 2 bathrooms, 1 secure car space.

- Large dining and living area, modern kitchen, spacious private balcony, air-conditioned.

- Professional office on title.

- Prime location – walking distance to shops, tram stop, beach, restaurants, pharmacy, medical centre, and major shopping centre.

Buy a modern apartment and get the business almost free. Enjoy a peaceful, modern complex offering a convenient coastal lifestyle while earning easy, steady income.

Net Profit: $66,731
Asking Price: $990,000
(Inclusive of Managers 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: 969

Business Summary

Business Snapshot

Price: $990,000 Net Profit: $66,731 Remuneration / Body Corp Salary: $56,138

Managers Unit

Value of Managers Apartment: $970,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Modern apartment offering 2 bedrooms, 2 bathrooms, and 1 secure car space.

Complex Information

Complex Type: n/aAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. 0.3 multiplier on the Gold Coast, signalling a highly attractive price relative to industry norms and an urgent sale due to the manager’s other ventures.
2. Net profit of $66,731 per year, providing immediate cashflow.
3. Asking price $990,000 inclusive of the manager’s real estate, manager’s apartment valued at $970,000, effectively meaning the business is acquired almost free with the apartment purchase.
4. Stable body corporate salary of $56,138 plus GST, with annual CPI increases, delivering predictable, indexed remuneration.
5. Strong year‑round booking demand and consistently high occupancy, supporting reliable revenue from accommodation operations.
6. Very small internal rental pool of only 3 units (1 holiday, 2 permanent) plus 6 managed by outside agents, indicating limited current supply under management.
7. Clear upside by converting permanent lets to holiday rentals and expanding the letting pool, described as “enormous potential” to dramatically increase income.
8. Long agreement structure, 25‑year original term with 15 years remaining, offering secure long‑term tenure for management rights.
9. Manager’s unit is a boutique modern 2 bedroom, 2 bathroom apartment with one secure car space, private balcony, air conditioning, and office on title.
10. Prime Mermaid Beach location, walking distance to shops, tram stop, beach, restaurants, pharmacy, medical centre and a major shopping centre, enhancing appeal to guests and owner-occupiers.
11. Complex amenities include pool, spa and BBQ area, supporting holiday rental desirability and guest experience.
12. Pets allowed in the manager’s unit, increasing owner flexibility and resale appeal.

Management Rights Multiplier: 0.30
ROI Estimate: 333.66%