Key Investment Insights
1. Located in the prestigious Glades precinct in Robina, Peninsula benefits from a premium address in one of the Gold Coast’s fastest-growing suburbs, supporting long-term capital growth.
2. Stand-alone 2 component Management Rights sale, price structured as MR $1.095M plus managers unit $1.2M, total $2.295M.
3. Strong financial performance, with reported net profit approximately $323,534 and Body Corporate salary/remuneration of $282,346.
4. Body Corporate salary is CPI linked, providing indexed recurring income and protection against inflation.
5. Long agreement security, with a 25 year agreement term and over 15 years remaining, offering operational continuity and bankability.
6. Complex scale provides steady income, 90 residential apartments with 26 units in the letting pool and 71 owner-occupied units.
7. Low-maintenance, efficient operation, described as having minimal operating hours and no set office hours, suitable for an experienced operator or motivated newcomer.
8. Manager’s freestanding residence built by Sunland, spacious and light-filled, includes a purpose-built office on title and is valued at $1.2M, featuring 3 bedrooms, 2 bathrooms and 4 car spaces.
9. Resort-style on-site amenities including swimming pool, spa, gym, BBQ area and residents’ lounge enhance resident experience and rental appeal.
10. Excellent locational catchment for tenants, in close proximity to Westfield Robina, Bond University, Robina Train Station and the M1 Motorway, supporting consistent rental demand.
Management Rights Multiplier: 3.38
ROI Estimate: 14.10%