BUSINESS ONLY MLR- PROFITABLE, BLUE-CHIP PROPERTY IN PRESTIGIOUS MERMAID BEACH

ResortBrokers presents an exceptional opportunity to acquire the permanent management rights to a coveted, architecturally designed property strategically located in the prestigious, sought-after Mermaid Beach locale.

'The Park Mermaid Beach' is a luxury complex comprising 59 apartments. The business delivers a net profit of approximately $130k and a BC Salary of circa $99k, supported by 23-year agreements, no office hours, and no requirement to purchase a unit.

This permanent MLR represents a fantastic opportunity to acquire a profitable, blue-chip property with a healthy net profit and the potential to grow the income by converting the outside agents back into the letting pool. It would be a superb addition to a local operator's business portfolio!