Discover the perfect opportunity for a single operator, couple, or first-time Management Rights buyer with this charming Mermaid Beach complex. Located just 170 metres from the beach and nestled next to a serene park, this low-maintenance building offers an ideal work-life balance with minimal upkeep.
Key features include a pool, spa, sauna, and BBQ area, along with eight one-bedroom self-contained holiday units in the letting pool. The complex's prime location puts you within walking distance of Broadbeach's vibrant dining and nightlife, Pacific Fair Shopping Centre, the G: Link Tram, Dracula's, and The Star Casino.
The current managers enjoy a strong relationship with the Body Corporate and the complex benefits from a healthy sinking fund. The manager's unit is a spacious two-bedroom, two-bathroom residence with two car parks, a large courtyard, and an adjoining office.
This Mermaid Beach Management Rights complex is a true gem, offering an enviable lifestyle by the beach (just 170 metres) plus located next door to a lovely park.
With excellent potential for the right buyer this is a must to inspect.
Net Profit: $127,493
Property Code: 18