Mermaid Beach, Queensland

Prime Mermaid Beach Management Rights – $196,615 Net Profit, 25-Year Agreements | RB ID : MR009354

$1,790,000

Business Description

Beaches on Wave Street offers a secure, flexible management rights business in sought-after Mermaid Beach.

The 36-unit complex operates under the Accommodation Module with fully topped-up 25-year agreements, providing strong long-term tenure.

Generating $196,615 net profit, the business is underpinned by a $97,470 Body Corporate Salary with CPI-linked increases. With 16 units in the letting pool and a further 11 managed by outside agents, there is clear scope to grow the business.

Just 100 metres from the surf and 200 metres from Nobbys Beach Surf Life Saving Club, the location provides strong year-round demand. Low-maintenance facilities keep caretaking requirements to a minimum, while a separately titled office with no mandated hours provides operational flexibility.

There is no requirement to reside onsite, allowing the modern two-bedroom manager's residence to generate an estimated $60,000 in additional annual rental income.

A compelling opportunity for an owner-operator or experienced investor seeking secure income, flexibility and genuine growth potential.

- Prime Mermaid Beach location, 200 metres from Nobbys Beach Surf Life Saving Club and 100 metres from surf beaches.
- Fully topped-up 25-year agreements delivering exceptional long-term security and tenure.
- 36-unit complex with 16 in the letting pool, 11 managed by outside agents and 6 owner-occupiers, providing immediate growth potential.
- Low-maintenance facilities including swimming pool, heated spa and barbecue area, ensuring minimal caretaking burden.
- No requirement to reside onsite, allowing the manager's unit to generate an estimated $60,000 in additional rental income.
- Office held on separate title with no mandated office hours, providing operational flexibility.
- Modern ground-floor manager's residence with two bedrooms, two bathrooms, ample storage and one car park.
- Inspection by appointment only.
Date updated: 14 Sep 2026 23:00:04

Business Summary