Mermaid Beach, Queensland

Absolute Beachfront Management Rights Mermaid Beach

$2,925,000

Business Description

Hotel Resort Sales is pleased to present the rare opportunity to own the management rights to an ABSOLUTE BEACHFRONT holiday complex in the heart of Mermaid Beach, one of the Gold Coast’s most sought-after locations.

Wake up to the sound of the ocean in this beachfront, easy-to-manage complex offering the perfect blend of lifestyle and income. The immaculate 2-bedroom, 2-bathroom manager’s apartment boasts stunning ocean views and is complemented by a spacious, separate air-conditioned office, with annual earnings exceeding $300,000.

Currently managed by a husband-and-wife team, the complex is immaculately maintained and features resort-style facilities including a heated pool, spa, BBQ area, and secure underground parking. A strong base of repeat guests and forward bookings ensures consistent income and high occupancy year-round.

With a healthy 23 years remaining on the agreement and the full support of a proactive and friendly body corporate, this is a secure and profitable business with minimal stress. Located in the vibrant Mermaid Beach precinct, you're surrounded by popular cafes, restaurants, and entertainment, with the beach quite literally at your doorstep.

Whether you're looking for a sea change, semi-retirement, or an established coastal business, this management rights offering ticks all the boxes.

Key Features:
* Absolute beachfront location – no roads to cross
* Long agreement term – 23 years remaining
* Strong repeat clientele
* Resort-style facilities
* Beautifully presented manager’s apartment
* Supportive and proactive body corporate
* Prime position in Mermaid Beach close to cafes, bars & shops

Don’t miss out on this exclusive beachfront lifestyle and business opportunity!

Net Profit: $313,780

Property Code: 109

Business Summary

Business Snapshot

Price: $2,925,000 Net Profit: $313,780 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,325,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 28Total Units in Letting Pool: 15Owner Occupy Units: 3Outside Agent Units: 3Lockup Units: 6Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Absolute beachfront location with no roads to cross, offering direct beach access and premium oceanfront appeal.
2. Manager’s apartment is immaculate, 2 bedrooms and 2 bathrooms, with stunning ocean views and a separate air-conditioned office.
3. Proven profitability, with net profit reported at $313,780 and annual earnings exceeding $300,000.
4. Long-term security via a management agreement with 23 years remaining.
5. Resort-style facilities including a heated pool, spa, BBQ area and secure underground parking, enhancing guest experience and yield.
6. Strong base of repeat guests and forward bookings, supporting high year-round occupancy and consistent income.
7. Currently owner-operated by a husband-and-wife team, indicating an easy-to-manage operational model.
8. Complex is immaculately maintained, reducing immediate capex and upkeep risk.
9. Supportive and proactive body corporate, facilitating smoother management relations and operations.
10. Prime Mermaid Beach precinct location close to popular cafes, restaurants, bars, shops and entertainment, boosting demand and rates.
11. Suits lifestyle buyers or semi-retirement seekers, offering a secure, low-stress coastal business opportunity.

Management Rights Multiplier: 5.10
ROI Estimate: 19.61%