Mermaid Beach, Queensland

Rare Caretaking-Only - Maximum Flexibility in Mermaid Waters | Resort Brokers ID : MRC009072

$220,000

Business Description

ResortBrokers offers a rare business-only caretaking opportunity in one of the Gold Coast’s most tightly held residential precincts. The 33-apartment complex delivers $62,374 net profit, supported by a $56,064 Body Corporate salary (+ CPI) and secured by a brand-new 10-year caretaking agreement executed in 2025. With 89.9% of income contractually underpinned, the business provides exceptional income security. No real estate to buy and no requirement to live onsite, creating genuine flexibility for operators.

Operations are simple and low maintenance with a small inground pool, light garden care and barbecue area. Located moments from the Mermaid Beach Light Rail stop and close to cafés, shopping and the beach, the scheme enjoys strong rental demand and long-term stability. Fresh agreements. Low overheads. Prime Mermaid Waters address. This opportunity appeals to a wide range of buyers, ideal as a bolt-on business or newcomers gain a simple, secure income stream backed by long tenure and minimal operational risk.

This business-only opportunity offers a high return with minimal outlay, perfect for first-time buyers or operators expanding their portfolio.
New 10-year caretaking agreement offers long-term security, modern terms, and strong, low-risk remuneration.
Prime Mermaid Beach location steps from Light Rail with seamless north-south connectivity.
Minimal facilities - small pool, simple gardens, and barbecue for easy, manageable caretaking.
Upgraded presentation with no cost to manager.
Located in a highly sought-after, stable Gold Coast precinct in walking distance to cafes, shops and beach.
Perfect addition for existing operators or standalone opportunity for newcomers seeking flexibility and low operational burden.
Inspection by appointment only.
Date updated: 02 Apr 2026 22:00:02

Business Summary