Robina, Queensland

Expression Of Interest for Management Rights Sale of Glades Easthill South, Robina QLD

SOLD

Business Description

Under instructions from the Receivers and Managers, RAAS has been appointed the Exclusive Agent to receive Expressions of Interest for Glades Easthill South, Robina QLD.

OPPORTUNITY OVERVIEW
- 106 townhouse complex
- 4 townhouses in the letting pool
- Body Corporate Caretaker salary $186,031, increased annually in March by CPI
- Combined Nett Profit $186,912
- Permanent / Accommodation module: 25 year agreement with 13 years remaining
- No designated office hours
- No onsite residency required

MANAGER'S TOWNHOUSE
- 3 bedroom
- 2.5 bathroom
- Private backyard
- Double garage
- Attached Manager's Office

COMPLEX FACILITIES:

- Swimming pool
- Spa pool
- Conference centre
- Gymnasium
- Sauna room
- BBQ area

LOCATION OVERVIEW
Robina is an attractive suburb of the Gold Coast with parks, paths and open spaces. From morning walks and safe family play to large sporting events and community gatherings, Robina also features one of the Gold Coast's prominent shopping centres, Robina Town Centre. Other Robina highlights include:

- Four golf courses
- Bond University
- Robina Hospital
- CBUS Super Stadium
- Close proximity to Gold Coast airport at approximately 22.3km away
- Southport CBD approximately 15.1km away
- Brisbane approximately 81.5km

Expressions of Interest closing 5:00PM AEST Friday 12th April 2024.

Please direct your enquiry to:

Paul Mueller ---------- or ----------
Robert Collins ---------- ----------

Business Summary

Business Snapshot

Price: SOLD Net Profit: $186,912 Remuneration / Body Corp Salary: $186,031

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 106Total Units in Letting Pool: 4Agreement Term: 25 yearsAgreement Term Remaining: 13 years

Marketing Agent

Paul Mueller

0439 25....

Robert Collins

0404 67....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. The business is being sold under instructions from the Receivers and Managers, making it a unique opportunity for potential buyers.

2. The complex consists of 106 townhouses, with 4 currently in the letting pool.

3. The Body Corporate Caretaker salary is $186,031, with annual increases in March by CPI.

4. The combined Nett Profit for the business is $186,912.

5. The complex operates under a Permanent / Accommodation module with a 25 year agreement, with 13 years remaining.

6. The business does not require designated office hours and there is no onsite residency required.

7. The Manager's townhouse is a spacious 3 bedroom, 2.5 bathroom unit with a private backyard and double garage.

8. The complex offers a range of facilities including a swimming pool, spa pool, conference centre, gymnasium, sauna room, and BBQ area.

9. The location of Robina offers a range of amenities and attractions, including parks, open spaces, a prominent shopping centre, four golf courses, Bond University, Robina Hospital, and CBUS Super Stadium.

10. The complex is also conveniently located near the Gold Coast airport, Southport CBD, and Brisbane.

11. Expressions of Interest for the business will close at 5:00PM AEST on Friday 12th April 2024.

12. Enquiries should be directed to Paul Mueller or Robert Collins.