Mermaid Beach, Queensland

ENVIABLE LUXURY BEACHFRONT COMPLEX OFFERING A TRUE LIFESTYLE BUSINESS | Resort Brokers ID : MR008418

$1,310,000

Business Description

ResortBrokers presents an exceptional chance to secure a premium management rights short-let business in one of Australia’s top-tier holiday destinations, Mermaid Beach. When location really is everything, this absolute beachfront, lifestyle business is not to be missed!

Foreshore Beachfront Apartments, a six-level midrise building comprised of 35 one and two-bedroom, self-contained apartments with 10 units in the letting pool, offers the perfect opportunity for a sole operator or a relaxed couple to operate whilst maintaining a coastal lifestyle, thanks to minimal caretaking requirements across the easy-to-manage facilities and low maintenance grounds.

The manager's one-bedroom/one-bathroom unit features a private outdoor entertainment area, alternatively, there is an option of renting a two-bedroom/two-bathroom unit should you require a larger living space.


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Solid Body Corporate Renumeration $60,463

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Upshot to increase letting pool - 3 x outside agents + 6 lockups

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Increase Net Profit by undertaking garden maintenance

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Accommodation agreements with 17 years remaining

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Immaculate one and two-bedroom, fully self-contained apartments

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Perfect for first-time operators or those seeking a true work/life balance

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Walking distance to local surf club, cafes, restaurants, bars and boutiques

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Property inspections are by appointment only

Date updated: 16 Mar 2025 22:00:05

Business Summary