Mermaid Waters, Queensland

Waterfront central Gold Coast lifestyle business - act fast! | Resort Brokers ID : MR006562

$1,798,000

Property Description

This unique offering is a waterfront permanent residential, business perfectly located in Mermaid Waters. With resort facilities that the BC pays a contractor to maintain, this means a pure lifestyle business. High BC Salary +$154k, flexibility to grow the income and add on other revenue streams. This is a gem worth exploring today!



  • +$154k BC Salary

  • Waterfront location with marina, boat ramp, full resort facilities BC pays to maintain

  • Supervisory role with minimal care taking duties and very easy to run complex

  • Highly desirable permanent management rights

  • Extra revenue stream +$26k p.a from manager's unit rental

  • Very positive BC situation

  • Great add-on business potential

  • Property inspections are by appointment only

Date updated: 07 Jun 2021 01:11:59

Property Summary

Business Snapshot

Price: $1,798,000 Net Profit: $183,850 Remuneration / Body Corp Salary: $154,624

Managers Unit

Value of Managers Apartment: $888,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 135Total Units in Letting Pool: 25Holiday Units: 25Owner Occupy Units: 74Outside Agent Units: 9Lockup Units: 16Agreement Term Remaining: 10 years
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