Key Investment Insights
1. Prime Robina Town location, walking distance to Robina Town Centre with 400+ shops, cafes and restaurants, close to bus and rail transport.
2. Short walk to Cbus Stadium, adding event-driven demand and lettings potential.
3. Proximity to Bond University, supporting consistent student and academic rental market.
4. 52-unit complex of 2 and 3 bedroom apartments, mix of long-term tenants and owner-occupiers, providing stable cashflow.
5. Current weekly rental range $750 to $850, with managers residence generating approximately $900 per week.
6. Managers apartment recently renovated, 3 bedrooms and 1 bathroom, large rear courtyard to pool and gardens, valued at $830,000.
7. Resort-style onsite amenities including a 15 metre pool, landscaped gardens and BBQ areas, enhancing tenant appeal and retention.
8. Separate large on-site office, no office hours required, supporting low-administration operations.
9. Accommodation management agreement 25 years, 24 years remaining, providing long-term contractual security.
10. Net profit listed at $135,000, offering an indicated return for investors.
11. Clear growth opportunity to bring several apartments currently managed by external agents into the on-site letting pool, potential to increase revenue.
12. Current owners have operated the management rights for 13 years and are selling, price marketed as Expression of Interest, indicating motivated sale.
Management Rights Multiplier: 3.26
ROI Estimate: 30.68%
