ResortBrokers presents a Management Rights opportunity in one of Australia’s top-tier holiday destinations, Mermaid Beach. This residential complex of 80 units, with 28 in the letting pool, offers operational flexibility and impressive Body Corporate Remuneration of $109k (plus GST), with long-term 22-year agreements ensuring stability.
With no requirement to reside onsite, the manager's two-bedroom, two-bathroom residence can be rented out generating a further $630+ per week in rental income. Further potential for growth exists via converting the 12 outside agents back into the letting pool.
Centrally located near popular amenities, this investment opportunity is a standout choice for investors looking to grow their portfolio, with waterfront units commanding premium rental returns of $650-690 per week.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au
