Robina, Queensland

Permanent GC Waterfront Management Rights with stunning residence

$355k MR & $995k Unit = Total $1.35M

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 $122k, 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: $355k MR & $995k Unit = Total $1.35M Net Profit: $127,070 Remuneration / Body Corp Salary: $122,902

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

AI generated. Confirm details with the seller.

1. The business for sale is the management rights of the Emerald Lagoon, a permanent townhouse complex in the lakeside suburb of Robina, Gold Coast.
2. The complex offers flexible management with no set office hours, providing a good work-life balance for the manager.
3. Located in a high-demand rental suburb, the complex ensures steady occupancy and potential for revenue growth through rent increases.
4. The manager's residence is a luxurious living space and office, adding to the overall appeal of the investment.
5. The complex offers a range of amenities, including a pool, spa, tennis court, BBQ areas, and stunning waterfront views.
6. The business has a net profit of over $127k and a reasonable multiplier of 3.6x, making it a compelling value for potential buyers.
7. The topped-up agreements have 10 years remaining and a generous Body Corporate Salary of over $122k.
8. Inspections are by appointment only, highlighting the exclusivity and desirability of the property.
9. The business is being sold by Ras360, a specialist in management rights, motels, hotels, pubs, and parks.
10. The total price for the management rights and the manager's unit is $1.35M, with the unit alone valued at $995k.
11. The manager's unit has three bedrooms, three bathrooms, and four car spaces.
12. The complex has a total of 64 units, with 5 units in the letting pool, 54 owner-occupied units, and 5 units managed by outside agents.
13. The agreement term is 10 years, with 10 years remaining.

Management Rights Multiplier: 2.79
ROI Estimate: 9.41%