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Boutique Management Rights Opportunity - Just Steps From The Beach!
$625K MR&$650k Unit = Total $1.275M
Resort / Holiday Management Rights, MERMAID BEACH QLD
Absolute Beachfront. Absolute Freedom.
This is a rare chance to own a thriving lifestyle business in one of the Gold Coasts most tightly held beachfront locationswhere the ocean is your front yard, and every day feels like a holiday.
Set directly on the sand in Mermaid Beach with no road or walkway between you and the surf, this boutique holiday complex is the ultimate combination of lifestyle and income. With a 25-year agreement and 21 years remaining, this is a long-term, secure business backed by a body corporate salary of $60,463.
The current net profit of $146,142 was achieved with just eight units in the holiday letting poolnow expanded to ten, unlocking immediate upside. Further growth is forecast, with CPI increases recently applied and additional letting potential on the horizon.
The managers unit is modern, air-conditioned and beautifully appointed, with one bedroom, one bathroom, a secure car space, and an exclusive-use 25m front yardperfect for relaxing or entertaining by the sea. The office and reception are on-title and offer a practical, professional space to run the business. Efficient Resly software supports streamlined operations.
Under the agreement, the manager or approved nominee must reside onsite and be available during the agreed hours ensuring a smooth experience for guests and owners alike.
Surrounded by cafs, restaurants, public transport, schools and shopping hubs, this position is as convenient as it is idyllic.
Absolute beachfront, solid income, and serious potentialseize the coastal dream.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $625K MR&$650k Unit = Total $1.275M
- Net Income: $ 146,142
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?