Robina, Queensland

PERMANENT MR + MANAGER'S RESIDENCE + WATERFRONT VIEWS

$1,500,000

Business Description

RAAS presents an exceptional opportunity to acquire the Management Rights of a permanent townhouse complex in the Gold Coast's lakeside suburb of Robina.


- Permanent townhouse complex lakeside location
- Flexible management with no set office hours required
- Strategically located complex in high-demand rental suburb
- Significant potential for revenue growth through rent increases
- Exceptional manager's residence + office
- Estate amenities - pool, spa, tennis court, and BBQ areas, complemented by waterfront views
- Inspections are by appointment only

Business Summary

Business Snapshot

Price: $1,500,000 Net Profit: $127,070 Remuneration / Body Corp Salary: $120,729

Managers Unit

Value of Managers Apartment: $995,000Bedrooms: 3Bathrooms: 3Car Spaces: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 64Total Units in Letting Pool: 5Holiday Units: 5Owner Occupy Units: 53Outside Agent Units: 5Agreement Term: 10 yearsAgreement Term Remaining: 10 years
Marketing Agent
Paul Mueller
Paul Mueller

RAAS Property Group

RAAS Property Group

Key Investment Insights

- The complex is located in a highly desirable lakeside suburb of the Gold Coast, offering waterfront views and a relaxed lifestyle.
- The management rights business is flexible, with no set office hours required, allowing for a good work-life balance.
- The complex is strategically located in a high-demand rental suburb, providing a steady stream of potential tenants.
- There is significant potential for revenue growth through rent increases, as the current rents are below market value.
- The manager's residence is exceptional, with three bedrooms, three bathrooms, and four car spaces, providing comfortable living for the manager.
- The estate amenities, including a pool, spa, tennis court, and BBQ areas, are complemented by the waterfront views, making it an attractive place for tenants to live.
- Inspections are by appointment only, ensuring privacy and exclusivity for the residents.

Management Rights Multiplier: 3.97
ROI Estimate: 25.16%

Listing location
Gallery

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