0.3 Multiplier in Mermaid Beach - ID 7829

$990,000

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 0439 288 960 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

 

Price $990,000
Location Mermaid Beach
Property ID 7829

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