Mermaid Beach, Queensland

Rare Nobbys Beach Management Rights with Outstanding Lifestyle Appeal

$900K MR & $890K Unit = Total $1.79M

Business Description

Positioned in one of the Gold Coast’s most desirable beachside pockets, Beaches on Wave presents an outstanding Management Rights opportunity with strong fundamentals and exceptional upside.

The complex comprises 36 units, including 17 in the letting pool, 11 managed by outside agents, and 6 owner occupiers—creating immediate growth potential for an incoming operator to expand the letting pool and drive revenue. With fully topped-up 25-year agreements (Accommodation Module), the business offers exceptional long-term security and stability.

The manager’s residence is a modern, spacious ground-floor apartment with a generous floor plan. Currently, the owners operate the business offsite and keep the unit in the letting pool, highlighting the flexibility of the business model as there is no requirement to reside onsite. A separate office is conveniently located, and no set office hours allow operators the flexibility to manage their time and grow the business as they see fit.

The location is exceptional—just 200 meters from Nobbys Beach Surf Life Saving Club and approximately 100 meters to pristine surf beaches, with vibrant cafés, bars and restaurants all within easy walking distance. The nearby G:link Gold Coast Light Rail further enhances accessibility and appeal for guests.

Lifestyle, flexibility, and genuine business upside—Beaches on Wave delivers it all.
Opportunities with this level of potential and location are rarely available. Enquire today to arrange your inspection.

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

Business Summary

Business Snapshot

Price: $900K MR & $890K Unit = Total $1.79M Net Profit: $197,000 Remuneration / Body Corp Salary: $97,500

Managers Unit

Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 36Total Units in Letting Pool: 17Owner Occupy Units: 6Outside Agent Units: 11Lockup Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 25 years

Marketing Agent

Kim Jeffrey

0429969....

Syd Douglas

0427973....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established management rights business with reported net profit of $197,000 and $97,500 remuneration or body corporate salary.
2. Fully topped up 25 year Accommodation Module agreements provide long term operational security.
3. Immediate letting pool growth potential, with 11 units currently managed by outside agents.
4. No requirement to reside onsite, offering operational flexibility and the option to keep the manager’s unit in the letting pool.
5. Modern, spacious two bedroom, two bathroom manager’s apartment with two car spaces and a generous ground floor layout.
6. Separate office and no set office hours support flexible business management.
7. Approximately 100 metres from Nobbys Beach and 200 metres from Nobbys Beach Surf Life Saving Club.
8. Cafés, bars, restaurants and the Gold Coast G:link light rail are within easy walking distance.
9. The complex comprises 36 units, including 17 in the established letting pool and six owner occupiers.