Key Investment Insights
1. Prime Robina Town location, walkable to Robina Town Centre with over 400 specialty shops, cafes and restaurants.
2. Very close to Cbus Stadium and within easy reach of public transport options including bus and rail.
3. Proximity to Bond University, supporting consistent tenant demand from students and staff.
4. Portfolio of 2 and 3 bedroom apartments with a mix of long term tenants and owner occupiers, indicating income stability.
5. Current rental range $750 to $850 per week for units, supporting strong cashflow fundamentals.
6. Managers residence recently renovated, 3 bedrooms, 1 bathroom, large rear courtyard opening to pool and gardens, currently achieving $900 per week.
7. Managers apartment valued at $875,000, demonstrating significant underlying residential asset value.
8. Separate large office on site with no office hours required, lowering daily operational burden.
9. Resort-style onsite amenities including beautiful landscaped gardens, lawns, 15m pool and BBQ areas, enhancing owner and tenant appeal.
10. Accommodation module agreement 25 years with 24 years remaining, providing long term contractual security.
11. Clear growth opportunity to migrate several apartments currently managed by outside agents into the on-site letting pool, enabling immediate scale and revenue uplift.
12. Reported net profit $135,000, steady income history and positive relationships with Body Corporate and owners, vendor selling after 13 years under management and property is priced to sell.
Management Rights Multiplier: 2.93
ROI Estimate: 10.63%
