Million Dollar Ocean Views - Prime Beachfront Management Rights

Price: $1,235,000

Net profit: $146,142

40k PRICE REDUCTION

Wake up to the sound of the surf and uninterrupted ocean views with this rare absolute beachfront management rights opportunity at Mermaid Beach. Perfectly positioned in one of the Gold Coast’s most sought-after lifestyle locations, this business offers both solid returns and an enviable coastal lifestyle.

Property Features:

  • Seven-level mid-rise complex with 35 apartments
  • Majority are two-bedroom, fully self-contained units with private balconies
  • Absolute oceanfront position with breathtaking views
  • Just steps to local cafés, restaurants, and the popular Surf Club
  • Comfortable one-bedroom, one-bathroom manager’s unit with private outdoor entertaining area

Business Highlights:

  • 10 units in the letting pool – easily managed by a single operator or couple
  • Low caretaking duties for a relaxed, stress-free operation
  • Upside potential with additional income opportunities: 6 lock-up units / 5 units with outside agents

Guest Facilities:

  • Recently renovated pool area
  • BBQ facilities
  • Direct beach access
  • Secure underground parking

This is an exceptional Mermaid Beach lifestyle business – combining strong income potential with the ultimate beachfront lifestyle. Opportunities like this are extremely rare and highly sought after.

Don't miss out on this exceptional opportunity, this Mermaid Beach gem is a must-see, call me today to discuss.

Net Profit:  $146,142

 

Details

Suburb Mermaid Beach
Price $1,235,000
Property Type Business
Property ID 36
Category Accommodation/Tourism

Tools

Share This Business