Mermaid Beach, Queensland

$1,278,000

Property Description

PRICE REDUCED! Management Rights With Absolute Beach Front!

Absolute beach front! One of the very few complexes that offers direct access to the beach. Spectacular views to the beach. Set in an ideal position between Burleigh Heads and Broadbeach. Walk to the surf club, shops and restaurants.

A very popular family holiday location with plenty of repeat business. These Management Rights offer excellent return on investment with plenty of upside for the new owner.

Property Summary

Business Snapshot

Price: $1,278,000 Net Profit: $186,925 Remuneration / Body Corp Salary: $57,677

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 1

Complex Information

Complex Type: ResortTotal Units in Complex: 35Total Units in Letting Pool: 22Holiday Units: 22Owner Occupy Units: 6Agreement Term: 15 yearsAgreement Term Remaining: 15 years

Marketing Agent

  • Jonathan Shorter

  • 0405 537 600
  • 0405 537 600
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Jonathan Shorter
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mermaid Beach, Queensland 4218 Exact map location not provided

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