Mermaid Waters, Queensland

Permanent Letting Close To The Beach - ID 7986

$2,850,000

Business Description

Management Rights For Sale
Magnificent 4 Bedroom Residence - One of The Best We've Seen

- Permanent management rights business

- Secure, gated community

- Resort style facilities

- Highway frontage

- 500m to the beach

- Close proximity to surf club, shops and restaurants

- Free standing, renovated manager's residence

- 4 bedrooms, 2.5 bathrooms

- Double lock up garage with space for 2 additional vehicles

- Office on title

A wonderful complex with resort style facilities, rarely found in a complex of permanent rentals. The manager's residence is one of the best we have seen offered in Gold Coast management rights, simply outstanding!

Permanent rentals, this close to the beach with a high net income make this a very special management rights business.

Net Profit: $293,000
Asking Price: $2,850,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 805

Business Summary

Business Snapshot

Price: $2,850,000 Net Profit: $293,000 Remuneration / Body Corp Salary: $200,567

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 4Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Magnificent 4 bedroom residence, 2.5 bathrooms, Ample bench space and views over the pool from the kitchen, Bathrooms have new fixtures, Double lock up garage and space for 2 additional small cars, Multiple outdoor areas, Office on title

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 29Owner Occupy Units: 39Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesFunction Facilities: Yes
Marketing Agent

Key Investment Insights

Management Rights Multiplier: 5.63
ROI Estimate: 17.76%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Large Permanent - Gold Coast - ID 8562
MR Sales
Large Permanent - Gold Coast - ID 8562

BIGGERA WATERS

$2,999,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

OUTSTANDING PERMANENT MR COMPLEX IN GREAT LOCATION
Premier Business Sales
OUTSTANDING PERMANENT MR COMPLEX IN GREAT...

BIGGERA WATERS

$3,000,000

Net Income: $403,519
Managers Estate: $750,000 3 Bed 2 Bath
Letting Pool: 156
Remuneration: $218,355

Large Permanent - Gold Coast - ID 8562
MR Sales
Large Permanent - Gold Coast - ID 8562

BIGGERA WATERS

$2,999,000

Net Income: $399,000
Managers Estate: $700,000 3 Bed 2 Bath
Letting Pool: 158
Remuneration: $218,000

Perfect add on business with excellent ROI | Resort Brokers ID : MR008233
ResortBrokers
Perfect add on business with excellent ROI...

BUNDALL

$2,867,500

Net Income: $401,435
Managers Estate: $810,000 3 Bed 2 Bath
Letting Pool: 88
Remuneration: $146,047

Surfers Paradise Management Rights - Your Exclusive Opportunity Awaits
Hotel Resort Sales
Surfers Paradise Management Rights - Your...

SURFERS PARADISE

Under Contract / Offer

Net Income: $446,345
Managers Estate: $650,000 2 Bed 2 Bath
Letting Pool: 59
Remuneration: $114,803

ENJOY BEACHFRONT LIVING WITH A SOLID, HIGH-NET BUSINESS | Resort Brokers ID : MR008214
ResortBrokers
ENJOY BEACHFRONT LIVING WITH A SOLID...

SURFERS PARADISE

$2,934,000

Net Income: $446,345
Managers Estate: $650,000 2 Bed 2 Bath
Letting Pool: 58
Remuneration: $114,803

Strong Trading Well Presented Caravan Park on The Tablelands - 1P5799CP
Wanaka True Lifestyle Town - 13 Unit Motel
Rare Investment Opportunity - 1048CPI
HIGH NET PERMANENT BUSINESS OFFERING EXCEPTIONAL RETURNS | Resort Brokers ID : MR008351
Unique FHGC! 250 ha offering multiple income streams + room for growth | Resort Brokers ID : FH008293
Substantial regional leasehold motel with 35% ROI | Resort Brokers ID : LH008336
*** REDUCED PRICE **** Year Round Beach Sanctuary - Management Rights
Great First Timer Leasehold Motel - 1916ML
Terrific Holiday Resort Overlooking Far North Queensland's Finest Beach Location
WELL PERFORMING MOTEL WITH OUTSTANDING DEVELOPMENT POTENTIAL
Unlock Dual incomes with Two Caretaking-Only Complexes in inner Brisbane
Premium Motel - 27 Units - Must Sell - $400k+ N.P.
BUSINESS ONLY DUO IN HOT INVESTMENT AREA OFFERS GREAT INCOME & WORK FLEXIBILITY | Resort Brokers ID : MRB008324
PRIME PICK! SLICK AND WELL-RUN PERMANENT MLR WITH 24 YEAR TERM & $200K P.A. | Resort Brokers ID : MR008353
Nobby’s Beach Cafe Lease For Sale
Lot 10, Lake Drive Land For Sale In A High Country Golf Resort
Unique FHGC with significant land holding + opportunities to amplify revenue | Resort Brokers ID : FH008348
Best priced business in Queensland, boasting a $301k net profit and large ROI | Resort Brokers ID : MR008347