Mermaid Waters, Queensland

MERMAID MR - EXCELLENT ROI - RUN REMOTELY+ $36K EXTRA RENTAL INCOME | Resort Brokers ID : MR008878

Under Contract / Offer

Business Description

Lifestyle flexibility, this profitable management rights in the popular Gold Coast suburb of Mermaid Waters has it in abundance!

With no requirement to reside, no set office hours this fantastic business can be run remotely, while the waterfront manager’s residence can be rented out for approximately $650 per week, adding a further $36,000+ p.a. extra rental income to the solid $172k+ Net Profit.

The secure, gated residential complex comprises 80 units, 27 units are included in the letting pool, with 15 managed by external agents, presenting a significant opportunity for growth and increased management income.

This low-demand property requires just a few hours of daily attention, whether you're an experienced investor, an aspiring manager looking to expand your portfolio, or a semi-retiree, this complex provides solid rental income, room for growth, and the allure of waterfront living – a rare and lucrative combination with operational flexibility.

- Operational flexibility,can be run remotely - no requirement to reside, no office hours
- Impressive body corporate remuneration of approximately $109k (plus GST)
- Waterfront manager's residence generating an extra $36k rental income p.a.
- Residential complex featuring 80 two-bedroom, one-bathroom units, with 27 in the letting pool
- Waterfront units command premium rental returns of $650-$750 per week
- Long-term agreements in place with 21 years remaining
- Potential for growth via converting 15 outside agents
- Located near popular amentities - eateries, parks, public transport and shopping precincts
- Inspections by appointment only
Date updated: 21 Sep 2025 23:00:07

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $172,892 Remuneration / Body Corp Salary: $109,295

Managers Unit

Value of Managers Apartment: $780,000Bedrooms: 2Bathrooms: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 27Owner Occupy Units: 37Outside Agent Units: 15Agreement Term Remaining: 21 years
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Permanent Management Rights Currumbin Waters - ID 9207
MR Sales
Permanent Management Rights Currumbin...

CURRUMBIN WATERS

$1,630,000

Net Income: $201,948
Managers Estate: $850,000 3 Bed 1 Bath
Letting Pool: 70
Remuneration: $141,366

Mixed letting Management Rights in Sought-After Suburb – Strong Returns | Resort Brokers ID : MRC008947
ResortBrokers
Mixed letting Management Rights in Sough...

SURFERS PARADISE

$1,425,000

Net Income: $293,901
Managers Estate: - - Bed - Bath
Letting Pool: 188
Remuneration: $230,254

Seems Like a Hop, Hop, Skip, Skip and Jump to the Beach!!
Gavern Property - Management Rights
Seems Like a Hop, Hop, Skip, Skip and Jump...

MIAMI

$1,650,000

Net Income: $180,400
Managers Estate: $1,050,000 2 Bed 2 Bath
Letting Pool: 9
Remuneration: $125,000

Surfers Paradise Mixed Letting – Profitable Investment Opportunity - ID 8299
MR Sales
Surfers Paradise Mixed Letting – Profi...

SURFERS PARADISE

$1,425,000

Net Income: $293,901
Managers Estate: $295,000 - Bed - Bath
Letting Pool: 188
Remuneration: $230,254

Varsity Lakes MR Portfolio – No Live-Onsite Requirement & Strong Returns  | Resort Brokers ID : MR008896
ResortBrokers
Varsity Lakes MR Portfolio – No Live-O...

VARSITY LAKES

$1,690,000

Net Income: $200,255
Managers Estate: $820,000 1 Bed 1 Bath
Letting Pool: 80
Remuneration: $148,906

Urgent Sale – Miami Resort Rent Roll Opportunity
Auston Realty
Urgent Sale – Miami Resort Rent Roll...

MIAMI

$1,650,000

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

The True Noosa Lifestyle is Yours
Group Accommodation, School Camp, Conference Facility
LEASEHOLD - Royal Hotel, Corowa NSW - 1P0527
The Fitzroy Pinnacle
A WELL PRESENTED MOTEL BUSINESS READY FOR FURTHER GROWTH - 521ML
Lucrative business with perfect lifestyle change.
The perfect pairing — Two Quests in prime Brisbane city fringe location | Resort Brokers ID : LH008963
Historic Elegance Meets Modern Returns – Boutique Blue Mountains Retreat | Resort Brokers ID : FH008939
A Gem of a Position!!!
Net $227,333 - Multiplier 2.89 in Brisbane - ID 9214
SECURE A LONG-TERM LEASEHOLD IN A THRIVING REGIONAL MARKET - 1067CPL
Northern Gold Coast Rent Roll 2!!
Waterfront Development Opportunity
"Stonefield Estate" An exceptional opportunity
Beachside Income Meets Olympic Potential
Barham Bridge Motor Inn - A Freshly Renovated Murray River Motel with a Brand-New 30-Year Lease
FREEHOLD - Devenish Railway Hotel VIC - 1P0552
High Nett Short Term MLR in Mackay - Receivers appointed