Mermaid Beach, Queensland

Spacious Home Mermaid Beach PRICE SLASHED 1.5 Multiple

$100k MR & $1.2M Unit = Total $1.300M

Business Description

Brand new 25 year agreement, no Office hours, can be run by one person. A rare opportunity in Mermaid Beach, this property offers a high-income business and a spacious 4 bedroom residence with an office. I deal for a big family. Can be run by one person.

Walk to THE "G", Surf club, walk to the beach. Close to everything. A handy income of 151K with an extraordinarily large residence.

The ground-floor residence features 3 - 4 bedrooms, 3 bathrooms, and a huge private outdoor patio font and back, With minor renovations, it can be split for rental income or adapted for student housing, elderly living, or a teenager retreat.

Secure parking with extra storage and big enough for Pool table and make a man cave
Boutique Complex & Unbeatable Lifestyle
The only facilities are a swimming pool and BBQ/communal areas
Minimal Gardening
Full and friendly handover with hands-on training and advice.
minimal gardening, just mow the lawn and trim hedges
Body Corp pays for pool maintenance and extra gardening

Just steps from Mermaid Beach and popular cafés, this property guarantees a fantastic lifestyle while attracting steady guests.

**Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

Business Summary

Business Snapshot

Price: $100k MR & $1.2M Unit = Total $1.300M Net Profit: $151,081 Remuneration / Body Corp Salary: $39,213

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 4Bathrooms: 3Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 23Total Units in Letting Pool: 11Owner Occupy Units: 12Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

1. Asking price structured as $100k management rights plus $1.2M managers unit, total $1.3M.
2. Strong cashflow with reported net profit of $151,081 and additional body corporate salary/remuneration of $39,213.
3. Brand-new 25-year management agreement, full term remaining, providing long-term income security.
4. Can be operated by a single person with no office hours required, reducing labour costs and complexity.
5. Managers apartment is unusually large for the role, 4 bedrooms, 3 bathrooms and 2 car spaces, supporting family occupation or multiple income uses.
6. Ground-floor residence offers 3–4 bedrooms, 3 bathrooms, extensive front and rear private patios, and potential to split for additional rental income or adapt for students, elderly living, or a teen retreat.
7. Boutique resort/holiday complex with only 23 total units, 11 in the letting pool and 12 owner-occupied, suggesting limited scale and manageable oversight.
8. Prime Mermaid Beach location, within walking distance of the beach, local cafés, THE “G” and surf club, enhancing occupancy and lifestyle appeal.
9. Low onsite maintenance burden, minimal gardening required; body corporate covers pool maintenance and extra gardening.
10. Secure parking with extra storage space large enough for a pool table or man cave, plus communal swimming pool and BBQ areas; full hands-on handover and training included.

Management Rights Multiplier: 0.66
ROI Estimate: 151.08%