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Rare Caretaking-Only - Maximum Flexibility in Mermaid Waters | Resort Brokers ID : MRC009072
$220,000
Permanent Management Rights, MERMAID BEACH QLD
ResortBrokers offers a rare business-only caretaking opportunity in one of the Gold Coasts most tightly held residential precincts. The 33-apartment complex delivers $62,374 net profit, supported by a $56,064 Body Corporate salary (+ CPI) and secured by a brand-new 10-year caretaking agreement executed in 2025. With 89.9% of income contractually underpinned, the business provides exceptional income security. No real estate to buy and no requirement to live onsite, creating genuine flexibility for operators.
Operations are simple and low maintenance with a small inground pool, light garden care and barbecue area. Located moments from the Mermaid Beach Light Rail stop and closeto cafs, shopping and the beach, the scheme enjoys strong rental demand and long-term stability. Fresh agreements. Low overheads. Prime Mermaid Waters address. This opportunity appeals to a wide range of buyers, ideal as a bolt-on business or newcomers gain a simple, secure income stream backed bylong tenure and minimal operational risk.
This business-only opportunity offers a high return with minimal outlay, perfect for first-time buyers or operators expanding their portfolio.
New 10-year caretaking agreement offers long-term security, modern terms, and strong, low-risk remuneration.
Prime Mermaid Beach location steps from Light Rail with seamless north-south connectivity.
Minimal facilities - small pool, simple gardens, and barbecue for easy, manageable caretaking.
Upgraded presentation with no cost to manager.
Located in a highly sought-after, stable Gold Coast precinct in walking distance to cafes, shops and beach.
Perfect addition for existing operators or standalone opportunity for newcomers seeking flexibility and low operational burden.
Inspection by appointment only.
Date updated: 23 Mar 2026 22:00:02
More Information
- Total Purchase Price: $220,000
- Net Income: $ 62,374
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours