Mermaid Beach, Queensland
ABSOLUTE BEACHFRONT MANANGEMENT RIGHTS WITH MINIMAL REAL ESTATE COMMITMENT | Resort Brokers ID : MR008862
$1,235,000
Business Description
A fantastic opportunity to acquire the management rights to a well-maintained, absolute beachfront complex offering a relaxed lifestyle, solid income, and genuine growth potential - all with minimal real estate commitment.
Ride the wave of this high growth region, Mermaid Beach, one of the Gold Coast’s most popular beaches, poised to benefit from the Gold Coast’s major ‘structural uplift’ including significant public and private infrastructure spending.
There is significant potential to increase income by bringing lock-up units and externally managed units into the letting pool. Additional revenue can also be generated by undertaking garden and grounds maintenance services. Perfectly suited for an independent operator or semi-retiree seeking flexibility, strong returns, and a low-stress lifestyle, get in touch today to explore!
- Absolute beachfront complex - Mermaid Beach
- Optional manager's living arrangements - 1 or 2 bedroom unit
- Perfect for first-time operators, semi-retirees, those seeking work/life balance
-
Solid Body Corporate Renumeration $60,463
- 35 self-contained units with 10 units in the manager's letting pool
- Increase income by securing 6 lock-ups and 5 units with outside agents
- Additional revenue by undertaking garden maintenance
-
Walking distance to local surf club, cafes, restaurants, bars and boutiques
-
Property inspections are by appointment only
Date updated: 01 Oct 2025 23:00:02
Business Summary
Business Snapshot
Price: $1,235,000
Net Profit: $146,142 Remuneration / Body Corp Salary: $60,463
Managers Unit
Value of Managers Apartment: $650,000Bedrooms: 1Bathrooms: 1Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 35Total Units in Letting Pool: 10Owner Occupy Units: 13Outside Agent Units: 5Lockup Units: 6Agreement Term Remaining: 21 years