Mermaid Beach, Queensland

$2,270,000

Property Description

Highly sought-after permanent complex within moments of iconic beach! | Resort Brokers ID : MR006117

This prime Mermaid Beach location is simply incredible. With 111 units, this 2 storey walk-up complex is positioned to enjoy some of the best the Gold Coast has to offer: trendy bars and restaurants, Pacific Fair and idyllic beaches. With a first-class location, proven performance and potential plus, this is one opportunity you shouldn't miss.



  • Incredible location for a permanent complex – walk to the beach

  • $180k BC remuneration

  • 20-year agreements

  • Pool, spa, tennis court, gym, BBQ and secure undercover parking

  • 3 bed, 2 bath, 2 car manager’s unit + extra-large office on title = $730k recently valued

  • Nominee can reside onsite

  • No set office hours

  • Scope to grow letting + repairs & maintenance income

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $2,270,000 Net Profit: $275,174 Remuneration / Body Corp Salary: $180,000

Managers Unit

Value of Managers Apartment: $730,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 45Holiday Units: 45Owner Occupy Units: 47Outside Agent Units: 18Lockup Units: 1Agreement Term Remaining: 20 years

Marketing Agent


Marketing Agency

ResortBrokers

Todd Warner
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Mermaid Beach, Queensland 4218 Exact map location not provided

Similar Properties

BURLEIGH HEADS
NORTH BURLEIGH HOLIDAY BUSINESS IN PRIME...

$2,350,000
Net Income: $358,874
Managers Estate: $450,000 2 Bed 2 Bath
Letting Pool: 71
Remuneration: $105,429

ResortBrokers

NOOSAVILLE
NOOSAVILLE WATERFRONT TOWNHOUSE HOLIDAY...

$2,350,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

NOOSAVILLE
4.5 STAR HOLIDAY COMPLEX ON THE WATERFRONT...

$2,180,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Profitable business in paradise | Resort Brokers ID : MR005922
Updated

AIRLIE BEACH
Profitable business in paradise | Resort...

$2,150,000
Net Income: $388,966
Managers Estate: $395,000 2 Bed 2 Bath
Letting Pool: 20
Remuneration: $56,815

ResortBrokers
Absolute waterfront with potential-plus – on every measure | Resort Brokers ID : MR005986
Updated

NOOSAVILLE
Absolute waterfront with potential-plus –...

$2,350,000
Net Income: $279,001
Managers Estate: $995,000 3 Bed 2 Bath
Letting Pool: 53
Remuneration: $81,225

ResortBrokers
Just Listed Stunning Noosaville Waterfront Short stay complex | Resort Brokers ID : MR005851
Updated

NOOSAVILLE
Just Listed Stunning Noosaville Waterfront...

$2,180,000
Net Income: $274,562
Managers Estate: $750,000 3 Bed 2 Bath
Letting Pool: 22
Remuneration: $51,123

ResortBrokers