MERMAID BEACH

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Subject: MERMAID BEACH

For sale

$873,000 including manager's unit

On the Beach Holiday Management Rights Price Reduced

Property ID: 19017237

100m to the beach holiday Management Rights with stable Body Corporate and holiday booking income. Minimal garden maintenance. Located at popular Mermaid Beach, 16 minutes walking distance to Pacific Fair Shopping Centre and Tram station.

This business can be easily managed by 1 person. No lawn mowing required for the onsite manager.

Manager unit:

- 2 bedrooms 2 bathrooms ground floor apartment with a big private courtyard

- Master bedroom with ensuites

- Recently renovated modern kitchen with nice splashback and solid wooden benchtop

- Secure underground carpark

- Office on title with reception counter

- Extra storage area exclusively use for the manager

Complex:

- Low maintain all year green gardens easily managed by 1 person

- No lawn mowing required for the onsite manager

- Hedge trimming twice a year

- Pet friendly

- Secure gated complex with intercom

- Located 100m to the popular Mermaid Beach

- Close to tram station and Pacific Fair shopping centre

- Pool, spa, BBQ and sauna facilities for residents and holiday lovers

- 4 Stars holiday resort with many booking inquiries

Business:

- Easily run by 1 person

- 19 Years agreement remaining

- Only once a year Committee meeting

- Good relationship with Body Corporate Committee

- Net profit: $115,651

- Manager unit price: $422,000

- Business price: $451,000

- Total price: $873,000 (including manager’s unit)

Call for an inspection today and you won’t be disappointed!

TenantedNo

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