Robina, Queensland

5/6 Bedroom Home PLUS Commercial Income Streams

$650K MR & $1.8M Unit = Total $2.450M

Business Description

Waterfront Complex – Spacious & Versatile Living with Commercial Income Streams
This well-maintained waterfront complex offers a rare and unique opportunity, combining a generous manager's residence with multiple income-generating commercial properties.
The two-storey manager’s residence is the largest of its kind, providing exceptional space and flexibility. The main living area and master bedroom are located upstairs, featuring a massive rear balcony with stunning views.
Downstairs is designed for versatility, offering:
• A self-contained retreat ideal for parents, teenagers, or students.
• A huge entertainment area with a media room, a spacious bar, largest Billiard table there is and an additional large bathroom. This space could also be converted into a separate rental unit.
• A dedicated gym room and laundry room, along with two large attached offices.
The unique layout makes this property perfect for families with older children, newlyweds living at home, or those looking for dual-living opportunities. The home is energy-efficient, equipped with solar panels on the roof.
Commercial Component (On Title)
Adding to the investment appeal, the complex includes a commercial property with multiple revenue streams:
• A large commercial kitchen, currently rented out and generating income.
• An occupational therapy business leasing another section of the commercial space.
• A spacious reception area that forms part of the commercial precinct.
With an unbeatable location close to all amenities, this property presents an excellent lifestyle opportunity with significant income potential.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $650K MR & $1.8M Unit = Total $2.450M Net Profit: $262,727 Remuneration / Body Corp Salary: $162,983

Managers Unit

Value of Managers Apartment: $1,800,000Bedrooms: 5Bathrooms: 3Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 96Total Units in Letting Pool: 22Owner Occupy Units: 64Outside Agent Units: 10Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Kerrie Lush

0416 08....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Price split clearly stated, $650,000 for management rights and $1,800,000 for the manager’s apartment, total $2,450,000.
2. Strong reported net profit of $262,727, with manager remuneration/body corporate salary of $162,983.
3. Manager’s residence is exceptionally large, five bedrooms, three bathrooms, two car spaces, and valued at $1,800,000.
4. Two-storey residence layout places main living and master bedroom upstairs with a massive rear balcony offering waterfront views.
5. Downstairs offers high versatility, including a self-contained retreat, extensive entertainment area with media room, bar and very large billiard table, a gym, laundry and two large offices, with scope to convert entertainment area into a separate rental unit.
6. Energy-efficient features include solar panels on the roof, reducing operating costs.
7. On-title commercial component provides multiple income streams, including a large commercial kitchen currently rented, an occupational therapy business tenant, and a spacious reception area.
8. Complex is permanent type with 96 total units, 22 units in the letting pool, 64 owner-occupy units and 10 managed by outside agents.
9. Management agreement is long-term, 25-year term with 23 years remaining, supporting stable recurring income.
10. Waterfront location and proximity to all amenities cited as an unbeatable position, enhancing lifestyle appeal and tenant demand.

Management Rights Multiplier: 2.47
ROI Estimate: 10.72%