Mermaid Beach

$1,310,000

Absolute Beachfront Management Rights Mermaid Beach

Experience the luxury of waking up to million-dollar ocean views every morning with this absolute oceanfront Management Rights complex.

This six-level midrise building boasts 35 units within the complex offering predominantly two-bedroom, self-contained apartments, each with a private balcony.

With 10 units in the letting pool, this beachfront Management Rights business can be managed by one person or as a duo, thanks to minimal caretaking requirements.

Guests can enjoy fantastic facilities, including a renovated pool and spa area, BBQ area, direct beach access, and secure underground parking.

As part of this Management Rights business, you will acquire a one-bedroom/one-bathroom manager's unit featuring a fantastic private outdoor entertainment area, plus  the option of renting a two-bedroom/two-bathroom unit as an alternative for living arrangements.

With 6 lock up units and 3 outside agents plus additional income to undertake the garden maintenance there is the opportunity to grow the net profit even further.

Situated just meters away from an array of cafés, restaurants, and the Surf Club, this opportunity offers not just a business but an enviable beachfront lifestyle.

This Mermaid Beach gem is a must-see, call me today to discuss.

 Net Profit:  $170,598

Details

Suburb Mermaid Beach
Price $1,310,000
Property Type Commercial
Property ID 37
Category Hotel/Leisure
Office Area 1m2

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What our clients say

Thanks so much for your gift and we love it so much! And I really appreciate all your support to me. You always try your best help me to find the solutions for various of problems during the purchase....

Ashley

Craig Johnson recently completed the sale of our Management Rights at Albatross North, Mermaid Beach, Gold Coast.  From commencement to completion, it was a pleasure doing business with Craig (with...

Ross Given & Jac Pearman

Rob and I decided to sell our Managements Rights Business in Burleigh January 2023 and chose Craig to be our agent.  So glad we did!Craig and his team were always in contact with us through every...

Rob & Betty

We high recommend Craig Johnson for his professionalism and honesty. Knowing Craig personally through business for eighteen years prior to selling our share of the Management...

Carolyn & Wayne