Take advantage of this rare opportunity to live and work in sought-after Mermaid Beach. Just 170 metres from the sand and adjacent to a peaceful park, this well-maintained complex offers the perfect work-life balance for a single operator, couple, or first-time buyer.
With minimal maintenance required - only a small front lawn to mow and low-care gardensthis boutique complex is incredibly easy to manage. Onsite amenities include a swimming pool, spa, sauna, and BBQ area, enhancing its appeal to holidaymakers and residents alike.
The letting pool features five fully self-contained one-bedroom holiday units, consistently in demand thanks to the property's premium location. Enjoy close proximity to Broadbeach's vibrant dining precinct, Pacific Fair Shopping Centre, The Star Casino, Gold Coast Convention Centre, and the G:Link tram.
The current managers have fostered a positive relationship with the Body Corporate and recently secured a five-year top-up, extending the agreements to a solid 23-year term.
The manager's residence is spacious and comfortable, featuring:
- 2 bedrooms
- 2 bathrooms
- 2 secure car spaces
- A large private courtyard
- Adjoining office
This is a rare chance to acquire a beachside lifestyle business at an attractive entry point. Priced with an ultra-low 2.75x multiplier, this opportunity won't last long.
Don't miss your chance to own in one of the Gold Coast's most desirable locations. Enquire today!
Net Profit: $100,000 *Approx.
Property Code: 18
