Mermaid Beach, Queensland

$1,600,000

Property Description

Business For Sale - Want To Live on Millionaires Row? - ID 8269 BL

- Actual Beachfront
- Management rights for sale
- See the sand and water from the manager's residence
- Growth potential
- All apartments have stunning views
- Quiet location yet only 5 minutes to the Casino
- Proactive and supportive owners
- Low caretaking workload, 12 to 15 hours per week
- Rated 9.3 by booking.com, one of the top rated properties on the Gold Coast
- Lots of repeat business due to ambience and location
- For 6 months during the last financial year, the building underwent extensive maintenance which is now complete. This business will suit anyone looking to live on the beach in a well maintained apartment and with a relatively low caretaking workload.

Net Profit: $151,898
Asking Price: $1,600,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Mermaid Beach management rights business opportunity contact:
Gerard Dixon & Tony Johnson

Property Summary

Business Snapshot

Price: $1,600,000Net Profit: $154,000

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Car Spaces: 1

Complex Information

Total Letting Pool: 14

General Features

  • Land Size: 11 m2 (approx)

Marketing Agent


Marketing Agency

MR Sales

MR Sales

MR Sales

Gerard Dixon
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mermaid Beach, Queensland 4218 Exact map location not provided

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