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Permanent Management Rights for Sale in Mermaid Waters, QLD — $1,600,000

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Key facts

Price
$1,600,000
Location
Mermaid Waters, QLD 4218
Type
Permanent Management Rights
Net income
$79,663 (actual)
Caretaking remuneration
$71,386
Units in letting pool
5
Total units in complex
43
Agreement term (years)
20
Agreement remaining (years)
16
Bedrooms
3
Bathrooms
2
Car spaces
2
Listed by
Matrix Global Real Estate
Listing ID
21167335
Last updated
2026-04-10

Description

This is an excellent opportunity to purchase a permanent management rights and manager's residence located in the centre of Mermaid Waters.

Stand-alone single level residence included in the sale
Situated in a tranquil and gated community in centre of Mermaid Waters
Land size: 359sqm
House size: 193sqm (internal 123sqm, garage 28sqm, external 42sqm)
Three spacious bedrooms + an office
Two bathrooms
Private enclosed courtyard
Secure double lock-up garage
Pet-friendly
Facility: Communal pool, BBQ area
Located in a quiet central location, with close proximity to all the amenities. Within a gated community offering security and safety.

Manager's salary: $$71,386.99 per annum (incl. of GST), increase with the CPI
Permanent letting pool: 5 properties
Houses in complex: 43
Agreement term: Expires in October 2042 with 16 years remaining

Contact us today for more information or to arrane an inspection.

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