Prime Mermaid Beach Management Rights – $196,615 Net Profit, 25-Year Agreements

Beaches on Wave Street offers a secure, flexible management rights business in sought-after Mermaid Beach. The 36-unit complex operates under the Accommodation Module with fully topped-up 25-year agreements, providing strong long-term tenure. Generating $196,615 net profit, the business is underpinned by a $97,470 Body Corporate Salary with CPI-linked increases. With 16 units in the letting pool and a further 11 managed by outside agents, there is clear scope to grow the business. Just 100 metres from the surf and 200 metres from Nobbys Beach Surf Life Saving Club, the location provides strong year-round demand. Low-maintenance facilities keep caretaking requirements to a minimum, while a separately titled office with no mandated hours provides operational flexibility. There is no requirement to reside onsite, allowing the modern two-bedroom manager's residence to generate an estimated $60,000 in additional annual rental income. A compelling opportunity for an owner-operator or experienced investor seeking secure income, flexibility and genuine growth potential.