Robina, Queensland

Permanent GC Waterfront Management Rights with stunning residence

$455k MR & $995k Unit = Total $1.45M

Business Description

Seize the opportunity to acquire the management rights of the prestigious Emerald Lagoon, a permanent townhouse complex nestled in the serene lakeside suburb of Robina, Gold Coast. This exceptional offering boasts a net profit of over $127k and a very reasonable multiplier of 3.6x, presenting a compelling value for discerning buyers. Additionally, the premium manager's residence enhances the overall appeal of this lucrative investment.

Key Features:

- Permanent Townhouse Complex: Located in a picturesque lakeside setting.
- Flexible Management: No set office hours required, offering excellent work-life balance.
- Strategic Location: Situated in a high-demand rental suburb, ensuring steady occupancy.
- Revenue Growth Potential: Significant potential for revenue growth through rent increases.
- Exceptional Manager's Residence + Office: Enjoy a luxurious living space while managing the complex.
- Estate Amenities: Includes a pool, spa, tennis court, BBQ areas, and breathtaking waterfront views.

With 10 years remaining on topped-up agreements and a very generous Body Corporate Salary of over $120k, this opportunity is not to be missed.

Inspections are by appointment only.

Contact Kerrie Lush of Ras360 to schedule your viewing and take the first step toward owning this exceptional property.

** Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

Business Summary

Business Snapshot

Price: $455k MR & $995k Unit = Total $1.45M 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: 5Owner Occupy Units: 54Outside Agent Units: 5Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent

Kerrie Lush

0416 08....

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Located in a prestigious lakeside suburb of Robina, Gold Coast.
2. Net profit of over $127k and a multiplier of 3.6x, offering great value for buyers.
3. No set office hours required, providing excellent work-life balance.
4. Situated in a high-demand rental suburb, ensuring steady occupancy.
5. Potential for revenue growth through rent increases.
6. Luxurious manager's residence with office space included.
7. Complex amenities include a pool, spa, tennis court, BBQ areas, and waterfront views.
8. 10 years remaining on topped-up agreements.
9. Generous Body Corporate Salary of over $120k.
10. Inspections are by appointment only.
11. Specializing in Management Rights, Motels, Hotels, Pubs, and Parks.
12. Total price of $1.45M for both the management rights and the unit.
13. Manager's unit valued at $995,000.
14. 3 bedrooms, 3 bathrooms, and 4 car spaces in the manager's unit.
15. Complex type is permanent with a total of 64 units.
16. 5 units in the letting pool, 54 owner-occupied units, and 5 outside agent units.
17. 10-year agreement term with 10 years remaining.

Management Rights Multiplier: 3.58
ROI Estimate: 27.93%