Wake Up to Million Dollar Ocean Views - Prime Beachfront Management Rights

Price: $1,275,000

Net profit: $146,142

Live the Dream – Absolute beachfront management rights at Mermaid Beach. Enjoy the luxury of waking up to sweeping ocean views every day with this rare opportunity in one of the Gold Coast’s most desirable locations.

Property Features:
• Seven level midrise complex with 35 apartments
• Majority are two-bedroom, self-contained units with private balconies
• Absolute oceanfront position offering million-dollar views
• Located just steps from cafés, restaurants, and the Surf Club
• Includes a 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
• Minimal caretaking duties for low-stress operation
• Potential additional income from:
* 6 lock-up units / 5 outside agent units * Current profit reflects only 7 units in pool, now 10 units

Guest Facilities:
• Renovated pool area
• BBQ area
• Direct beach access
• Secure underground parking

This exceptional prime Mermaid Beach location has strong lifestyle appeal with solid income potential. A business and beachfront lifestyle rolled into one. 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 $1,275,000
Property Type Business
Property ID 36
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