Robina, Queensland

Premium Waterfront Management Rights Robina

SOLD

Business Description

Discover this stunning waterfront permanent management rights business nestled in highly sought after Robina, promising exceptional return on your investment.

Located within a gated estate, this up market complex features a magnificent array of resort style amenities including a stunning pool area overlooking the lakefront, heated spa, recreation room, gym, sauna and steam room.

Enjoy substantial earnings with a generous Body Corporate salary exceeding $300k, in addition to letting commissions, resulting in an annual income surpassing $400k. Office hours are only two hours per day, four days per week with all office procedures automated. A generous P/L has allowed for a $35k wage expense which the current owners utilise to outsource a gardening company part-time to assist in maintaining lawns/gardens within the complex, assisting the current owner with daily tasks.

The spacious managers residence comprises a modern, airconditioned, double storey freestanding home with 4 bedrooms, 2.5 bathrooms, double lock up garage, modern kitchen, courtyards, patios and 34sqm of landscaped yard complete with the added bonus of solar.

Conveniently situated within walking distance to schools, hospital, train station, a sporting stadium, and with buses at your doorstep, this prime location also boasts a private walkway leading directly to Robina Town Shopping Centre.

This incredible business opportunity comes with even more upside, call me today to discuss.

Net Profit: $405,020

Property Code: 34

Business Summary

Business Snapshot

Price: SOLD Net Profit: $405,020 Remuneration / Body Corp Salary: $293,019Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,150,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Large modern, airconditioned freestanding home. 4 Bedrooms, 2.5 Bathrooms, Double Lock Up Garage, Modern Kitchen, Courtyards, patios and 34scm of landscaped yard, 6.4kw solar

Complex Information

Complex Type: PermanentTotal Units in Complex: 151Total Units in Letting Pool: 42Owner Occupy Units: 109Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesGames Room: Yes

Marketing Agent

Craig Johnson

Rebecca Johnson

Hotel Resort Sales

Key Investment Insights

1. Highly sought after waterfront location in Robina.
2. Stunning resort-style amenities including pool, spa, gym, sauna, and steam room.
3. Generous Body Corporate salary exceeding $300k.
4. Annual income surpassing $400k.
5. Automated office procedures with only 2 hours of office hours per day.
6. Spacious and modern 4 bedroom, 2.5 bathroom manager's residence.
7. Additional income potential through outsourcing gardening services.
8. Prime location within walking distance to schools, hospital, train station, and shopping center.
9. Private walkway leading directly to Robina Town Shopping Centre.
10. Potential for further growth and development opportunities.
11. Net profit of $405,020.
12. Manager's apartment valued at $1,150,000.
13. Permanent complex with 42 units in the letting pool.
14. Accommodation agreement module with 21 years remaining.
15. On-site amenities including pool, spa, sauna, gym, and games room.

Management Rights Multiplier: 5.73
ROI Estimate: 17.46%