Key Investment Insights
AI generated. Confirm details with the seller.
1. Management rights business and manager’s residence offered together for $2.295 million, including a $1.2 million three bedroom apartment.
2. Approximately $323,534 net profit is supported by CPI linked body corporate remuneration of $282,346.
3. Permanent complex comprises 90 apartments, with 26 properties in the letting pool and 71 owner occupied units.
4. Over 15 years remain on the management agreement, providing substantial tenure for the incoming operator.
5. No set office hours and minimal operating hours support an efficient, lifestyle oriented management operation.
6. Freestanding Sunland built residence includes three bedrooms, two bathrooms, four car spaces and a purpose built office on title.
7. Resident amenities include a swimming pool, spa, gym, barbecue area and residents’ lounge.
8. Located in Robina’s Glades precinct, close to Westfield Robina, Bond University, Robina Train Station and the M1 Motorway.
9. The business is positioned within a modern residential complex in one of Robina’s most desirable residential enclaves.
10. Existing foundations and 26 letting pool properties provide a stated platform for future growth.
Management Rights Multiplier: 3.38
ROI Estimate: 14.10%