Management Rights · Mermaid Beach · MRB008471

Mermaid Beach Business Only Permanent Management Rights

ResortBrokers presents a genuine business-only management rights opportunity, offered to the market for the first time, the Ventura Residences, enviably located in the coveted Mermaid Beach suburb, a mere 250 meters from the surf and sand. The boutique collection of 47 luxury north-facing apartments, offering skyline and ocean views, consists of 37 owner occupiers and 10 full-time permanent apartments in the letting pool. With 24-year Caretaking & Letting Agreements, this investment offers a net profit of approximately $140k and a Body Corporate Salary of $87k with annual renewal. A superb addition for a local operator to grow their business portfolio or a great place to start your management rights journey, with flexible management hours, no unit to purchase, and no onsite living requirement.