Robina, Queensland

Permanent MLR complex in Robina with a Net over $140k

Under Contract / Offer

Business Description

With an established and expanding business precinct bordered by natural waterways, bicycle paths, landscaped walkways, and recreational spaces, sought-after Robina offers a high standard of staff amenities and lifestyle benefits. Explore a vibrant education, medical, and business precinct surrounded by local entertainment, all conveniently located nearby. You’ll find yourself at the heart of it all while enjoying the advantages of a relaxed and privileged lifestyle. Robina has a proven track record as a suburb with excellent transport options, making it appealing to renters and ensuring the new onsite manager consistently low vacancy rates and quality tenancies.

With a robust Body Corporate salary and letting income (Net $140,741), this business provides an excellent foundation for incoming purchasers and a stable income. Long-standing and well-managed 25-year agreements demonstrate a positive relationship with the active and supportive committee, solidifying the business's value.

The office is on the street level, which is ideal for operating this management rights business. It provides the incoming manager with a separate workspace from the residence.
The complex comprises 51 units, 11 in the letting pool and 13 Outside Agents.

The well-appointed, contemporary manager’s apartment is highly livable, featuring two bedrooms, two bathrooms, and two parking spaces. With minimal onsite facilities to manage or clean, low-maintenance gardens and flexible office hours, this presents an outstanding Management Rights opportunity that a single individual can easily manage.

For buyers seeking a Management Rights complex in this price range, it would be challenging to find a better option – easy operation, long-term agreements, cooperative committee, potential growth through external agents, and a modern, spacious manager’s residence, all in an excellent location.

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

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $140,741 Remuneration / Body Corp Salary: $111,426

Managers Unit

Value of Managers Apartment: $725,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 1Owner Occupy Units: 38Outside Agent Units: 13Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Established and expanding business precinct with a high standard of staff amenities and lifestyle benefits.
2. Convenient location with easy access to education, medical, and entertainment facilities.
3. Proven track record of low vacancy rates and quality tenancies.
4. Strong Body Corporate salary and letting income, providing a stable foundation for incoming purchasers.
5. Long-standing and well-managed 25-year agreements demonstrate positive relationship with active and supportive committee.
6. Street level office ideal for operating the management rights business.
7. Modern and spacious manager's apartment with two bedrooms, two bathrooms, and two parking spaces.
8. Low-maintenance gardens and flexible office hours make for easy operation.
9. Potential for growth through external agents.
10. Excellent location and value for buyers seeking a management rights complex in this price range.

Management Rights Multiplier: 4.01
ROI Estimate: 24.91%