Robina, Queensland

WELL-RUN COMPLEX WITH LIGHT WORKLOAD—START SMALL, BUILD YOUR PORTFOLIO. | Resort Brokers ID : MRB008420

$495,000

Business Description

ResortBrokers presents 'Four on Orr', an excellent business opportunity for newcomers or local operators in the management rights space. This business-only opportunity offers a manageable Body Corporate caretaking role with no on-site residency requirement.

The asset comprises 30 units, with a projected 22 in the permanent letting pool, generating rental income between $730 - $950 per week. Located near major shopping centres, beaches, schools, and transport, it features an inground pool and undercover Barbeque area overlooking Lake Orr making it an attractive proposition for potential tenants.

- Rental income generated from units ranges from $730 to $950 per week.
- Caretaking & Letting business only opportunity with no on-site residency requirement.
- Body Corporate duties are manageable and not time-consuming.
- Ample storage areas and caretaker office space located in the carpark.
- All caretaking equipment is provided and owned by the Body Corporate.
- Strategically positioned near major shopping centres, beaches, schools, and transport links.
- Features an inground pool with an adjacent undercover Barbeque and dining area, offering stunning views of Lake Orr.
- An ideal addition to an existing business portfolio due to its easily managed nature.
Date updated: 01 Oct 2024 01:00:08

Business Summary

Business Snapshot

Price: $495,000 Net Profit: $121,069 Remuneration / Body Corp Salary: $45,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 22Owner Occupy Units: 14Agreement Term Remaining: 25 years
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