Mermaid Beach, Queensland

Beachfront lifestyle sub 3.7 × multiple solo friendly operation in Miami

Offers Over $1.450 Million

Business Description

Situated just steps from the golden sands of Miami Beach, Miami Beachside Holiday Apartments is a fantastic opportunity to secure a well-established management rights business in a laid-back, beachside setting. This complex is ideal for operators looking for consistent income with low stress and manageable day-to-day duties.
The business has been set up for ease of operation and is currently run by a single operator without difficulty. The agreements are secured under the Accommodation Module with 18 years remaining, giving the buyer a long runway of income stability and operational certainty.
Caretaking duties are very manageable, mostly covering basic garden upkeep, mowing, keeping the pool clean, and tidying up the barbecue area and common walkways. It's the kind of work that can be done without stress and doesn't require a team or trades. The current manager also has use of the large linen room and a secure storage and workshop area onsite, adding genuine operational convenience.
The manager's unit is a tidy and comfortable two-bedroom, two-bathroom apartment with a secure undercover car space, ideal for couples or singles seeking a comfortable beachside base. The office is on title and there are no set office hours, allowing for true flexibility and work-life balance.
With a reliable annual body corporate salary of $125,024, this opportunity suits anyone wanting to enter the management rights industry with minimal complexity and maximum lifestyle appeal. Located in a quiet street just moments from cafes, schools, and local amenities, this complex has long been a favourite for both guests and residents who value the relaxed coastal atmosphere.
Miami Beachside ticks all the boxes: beachside location, easy workload, reliable income, and no pressure from rigid operating requirements. It's a genuine lifestyle business in every sense.

Business Summary

Business Snapshot

Price: Offers Over $1.450 Million Net Profit: $125,024 Remuneration / Body Corp Salary: $125,024

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 58Owner Occupy Units: 52Outside Agent Units: 6Agreement Term: 25 yearsAgreement Term Remaining: 18 years
Marketing Agent
Paul Mueller
Paul Mueller

Laura Langford
Laura Langford

Key Investment Insights

1. Beachfront location, situated steps from Miami Beach, offering strong lifestyle appeal and guest/resident demand.
2. Business listed Offers Over $1.450 million, with manager’s apartment valued at $1,100,000.
3. Reliable annual body corporate salary and net profit of $125,024, providing steady income for a solo operator.
4. Set up for single-operator management, currently run by one person with low operational complexity.
5. Agreements secured under the Accommodation Module, 25-year term originally with 18 years remaining, offering long-term income stability.
6. Very manageable caretaking duties, primarily garden upkeep, mowing, pool cleaning, and tidying barbecue areas and walkways, requiring no trades team.
7. High owner-occupancy level, 52 of 58 units owner-occupied, implying stable community dynamics and lower marketing/letting workload.
8. Only six outside agent units, indicating limited external agent competition and control over on-site letting.
9. Manager’s unit is a comfortable two-bedroom, two-bathroom apartment with a secure undercover car space, suitable for a couple or single manager.
10. Operational conveniences include a large linen room, secure storage and workshop onsite, and the office is on title with no set office hours.
11. Quiet street location close to cafes, schools and local amenities, supporting both resident satisfaction and ancillary convenience for guests.
12. Business presents as a genuine lifestyle opportunity, combining low-stress duties, flexible hours and dependable recurring remuneration.

Management Rights Multiplier: 4.00
ROI Estimate: 25.00%

Listing location
Gallery

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