Robina, Queensland

Management Rights Opportunity in Vibrant Robina Secure Income

$565k MR & $775k Unit = Total $1.34M

Business Description

Nestled within the vibrant community of Robina, Greenwich on Riverwalk presents a unique opportunity for those seeking a blend of business potential and comfortable living.

This management rights offering encompasses 51 units, with 12 currently in the letting pool and an additional 13 managed by outside agents, highlighting significant potential for growth. The business boasts a robust Net Profit of $146,527, ensuring financial stability and promising returns. Secure 25-year agreements with an active and supportive committee provide peace of mind and a proven track record of success. The operation is streamlined, featuring minimal facilities to manage, low-maintenance gardens, and flexible office hours, making it ideal for a single operator seeking a balanced lifestyle.

The manager's apartment is a contemporary two-bedroom, two-bathroom unit designed for comfort and convenience. The open-plan living area is light-filled and airy, promoting easy living in an established community. A street-level office ensures a convenient and professional separation from the residence, ideal for efficient business management. The residence includes two secure parking spaces, providing ample room for personal and business vehicles.

Residents and the manager can enjoy a range of amenities, including a saltwater swimming pool and BBQ area, providing relaxation and entertainment options. An easy and direct walking path leads to all the retail and dining amenities of Robina Town Centre, with nearby Arbour Avenue offering additional conveniences.
CBD Robina

With a solid Net Profit of $146,527 offers financial stability and excellent growth potential.
Well-maintained 25-year agreements with an active, supportive committee provide peace of mind.
Minimal facilities to manage, low-maintenance gardens, and flexible office hours make this business perfect for a single operator.
With 51 units in total—12 in the letting pool and 13 managed by outside agents—there are ample opportunities to expand the letting pool and increase income.

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Business Summary

Business Snapshot

Price: $565k MR & $775k Unit = Total $1.34M Net Profit: $146,527 Remuneration / Body Corp Salary: $111,426

Managers Unit

Value of Managers Apartment: $775,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 12Owner Occupy Units: 34Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. The business is located in the vibrant community of Robina, providing a desirable and sought-after location for potential buyers.
2. The management rights offering includes 51 units, with 12 currently in the letting pool and an additional 13 managed by outside agents, indicating significant potential for growth.
3. The business boasts a robust Net Profit of $146,527, ensuring financial stability and promising returns for the buyer.
4. The secure 25-year agreements with an active and supportive committee provide peace of mind and a proven track record of success.
5. The operation is streamlined, featuring minimal facilities to manage, low-maintenance gardens, and flexible office hours, making it ideal for a single operator seeking a balanced lifestyle.
6. The manager's apartment is a contemporary two-bedroom, two-bathroom unit designed for comfort and convenience, with a separate office space for efficient business management.
7. The residence includes two secure parking spaces, providing ample room for personal and business vehicles.
8. Residents and the manager can enjoy a range of amenities, including a saltwater swimming pool and BBQ area, providing relaxation and entertainment options.
9. The business is located within walking distance of Robina Town Centre, offering convenient access to retail and dining amenities.
10. The business is listed at a price of $565k for the management rights and $775k for the unit, for a total of $1.34M.

Management Rights Multiplier: 3.51
ROI Estimate: 28.45%