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Flexible Mermaid Beach Management Rights - No Onsite Living Requirements

Price: $1,890,000

Net profit: $240,245

Hotel Resort Sales presents an exclusive opportunity to secure a highly desirable management rights business located in the Broadbeach–Mermaid Beach precinct, with no requirement to live onsite. Offering outstanding flexibility and solid income, this business perfectly suits both newcomers to the industry or established operators looking to expand their portfolio.

Key Features:

• No Requirement to Live Onsite – the current owners rent out the spacious 2-bedroom, 1-bathroom manager’s unit through the holiday letting pool, providing an additional income stream.
• No Set Office Hours – enjoy freedom and lifestyle flexibility.
• Separate Office on Title – includes a private bathroom for added convenience.
• Generous Body Corporate Salary – over $125k, exceptional for a complex of this size.
• Easy-Care Grounds – minimal maintenance required, ensuring efficient operations.

Situated in this very sought-after area, this well-maintained complex offers an even mix of holiday and permanent rentals, providing stable year-round returns. Guests and residents alike appreciate the unbeatable location, a short stroll to Pacific Fair, the beach, restaurants, cafés, The Star Casino, Gold Coast Convention Centre, and direct access to the G:link tram.

The manager’s unit comprises of 2 bedrooms, 1 bathroom, 1 car space, a modern, well-appointed unit currently used as part of the letting pool which achieves a high return over and above the net profit figure.

Business & Agreements:

• Long agreements with healthy years remaining.
• Highly supportive body corporate.
• Excellent systems and procedures in place.

With the current owners now preparing for retirement, this is a genuine opportunity to acquire a strong-performing management rights business with impressive profitability and lifestyle appeal. Perfect as a standalone investment or a strategic add-on to an existing management rights portfolio.

Net Profit: $240,245

Details

Suburb Mermaid Beach
Price $1,890,000
Property Type Business
Property ID 101
Category Accommodation/Tourism

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What our clients say

Dealing with Hotel Resort Sales was the best decision we made selling our management rights. Craig and Rebecca have exceptional market knowledge their communication is very strong and always available...

Cheryl & Jeff Hislop

Well, a big thankyou for the gift. Also a big thankyou for the time and effort you put into securing the sale of Oxford Mews Rebecca and Craig. As I have said many times, there are sales people and then...

Russell & Rosemary Farquhar

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