0.3 Multiplier in Mermaid Beach - ID 7829
Mixed Management Rights for Sale
Huge Income Upside Potential
- 0.3 multiplier on the Gold Coast – an amazing deal, as the manager has committed to other business ventures. Urgent sale.
- Buy a property and get a business almost free, with $66,731 net income per year.
- A genuine and simple reason for sale – you won’t find another bargain like this on the Gold Coast.
- Stable body corporate salary of $56,138 + GST, with annual CPI increases.
- Strong year-round booking demand with consistently high occupancy rates.
- Very small rental pool of only 3 (1 holiday, 2 permanent), plus 6 with outside agents.
- Enormous potential to dramatically increase income by converting permanents to holiday rentals and expanding the letting pool.
- 25-year long agreement with 15 years remaining – secure long-term tenure.
- Boutique modern apartments featuring 2 bedrooms, 2 bathrooms, 1 secure car space.
- Large dining and living area, modern kitchen, spacious private balcony, air-conditioned.
- Professional office on title.
- Prime location – walking distance to shops, tram stop, beach, restaurants, pharmacy, medical centre, and major shopping centre.
Total asking price: only $990,000 including 2-bedroom modern apartment in Mermaid Beach.
Buy a modern apartment and get the business almost free.
Enjoy a peaceful, modern complex offering a convenient coastal lifestyle while earning easy, steady income.
This rare bargain may be a once-in-a-decade opportunity. Call Bill He on
NOW to avoid regret. Net Profit: $66,731
Asking Price: $990,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this QLD Management Rights business opportunity contact:
Management Rights Broker
Bill He
Property Code: 969
For more details, please email broker or call agents.