PRIME LOCATION, STRONG INCOME&SPACIOUS HOME!

$558k MR&$1.2M Unit = Total $1.758M

Resort / Holiday Management Rights, MERMAID BEACH QLD

A rare opportunity in Mermaid Beach, this property offers a high-income business and a spacious 3-bedroom residence with an office. Ideal for homeowners or investors, it provides flexibility to live in, rent out, or both.

The ground-floor residence features 3 bedrooms, 2 bathrooms, and a huge private outdoor patio. With minor renovations, it can be split for rental income or adapted for student housing, elderly living, or a teenager retreat.

Just steps from Mermaid Beach and popular cafs, this property guarantees a fantastic lifestyle while attracting steady guests.

This well-maintained, easy-to-run resort is ready for new owners.

Key Features:
- Brand-new 25-year agreement
- Net income over $151K
- Renovated 3-5 bed, 3-bath residence
- Flexible office space & storage
- 2 car spaces & balconies
- No set office hoursmanage at your pace

**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

More Information

Financial Overview

Total Purchase Price: $558k MR&$1.2M Unit = Total $1.758M
Net Income: $ 151,081 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,200,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 12
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 11
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 23
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 39,213
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 25 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: None on agreement
_{Required Office Hours}

Complex Features: pool0

Real Estate Component

Manager's Unit: 4 3

Included Real Estate: $ 1,200,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: