Live the Dream Absolute beachfront management rights at Mermaid Beach. Enjoy the luxury of waking up to sweeping ocean views every day with this rare opportunity in one of the Gold Coast's most desirable locations.
Property Features:
Seven level midrise complex with 35 apartments
Majority are two-bedroom, self-contained units with private balconies
Absolute oceanfront position offering million-dollar views
Located just steps from cafés, restaurants, and the Surf Club
Includes a one-bedroom, one-bathroom manager's unit with private outdoor entertaining area
Business Highlights:
10 units in the letting pool easily managed by a single operator or couple
Minimal caretaking duties for low-stress operation
Potential additional income from:
* 6 lock-up units / 5 outside agent units * Current profit reflects only 7 units in pool, now 10 units
Guest Facilities:
Renovated pool area
BBQ area
Direct beach access
Secure underground parking
This exceptional prime Mermaid Beach location has strong lifestyle appeal with solid income potential. A business and beachfront lifestyle rolled into one. Don't miss out on this exceptional opportunity, this Mermaid Beach gem is a must-see, call me today to discuss.
Net Profit: $146,142
Property Code: 36