If you are a single operator or a couple or looking for your first Management Rights complex, then this Mermaid Beach complex is a little gem!
This extremely low maintenance building has minimal workload as there is only a strip of grass out the front of the complex to mow and easy to maintain gardens. Facilities include Pool and Spa, Sauna and BBQ area. There are eight one bedroom self-contained holiday units as part of the holiday letting pool.
This Mermaid Beach Management Rights complex is located next door to a lovely park and just 170 metres to the beach. Close proximity to the main dining and nightlife precinct of Broadbeach. Situated just a short stroll to Pacific Fair Shopping Centre, the G: Link Tram, Dracula's and The Star Casino.
The current managers have an excellent relationship with the Body Corporate and there is a healthy sinking fund in place.
The manager's unit consists of a two bedroom plus two bathroom, 2 car parks with huge courtyard plus adjoining office.
Net Profit: $127,493
Property Code: 1121
