Robina, Queensland

No Need to Live Onsite!!

$960,000

Business Description

Water Views!!!

This complex is an exceptionally well-maintained secure building and offers a unique waterfront living experience. This is an incredible opportunity to experience a lifestyle of exclusivity and convenience in the heart of Robina.

Take full advantage of the resort-style amenities, including a lakefront pool, expansive lounging areas, and BBQ spots ideal for social gatherings. With secure basement parking, convenient lift access, and a prime location close to Bond University, Market Square, Varsity Central Business Centre.

The managers unit comprises 2-bedroom, 1-bathroom plus a study cum office. The unit combines modern design with practical living, featuring a generous open-plan design that effortlessly leads to a spacious outdoor area, ideal for entertaining guests, playing with the children or just relaxing with a coffee. Images might not depict this complex.

Also on offer: long term agreements, no need to live onsite, ability to rent out managers unit, manageable duties, idyllic water views, and easy access to most of what the Gold Coast offers.

To arrange an inspection please call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $960,000 Net Profit: $76,000 Remuneration / Body Corp Salary: $38,500

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 29Total Units in Letting Pool: 10Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Asking price $960,000, reported net profit $76,000, with remuneration/body corporate salary $38,500.
2. Managers apartment valued at $820,000, sold on title, providing significant asset value within the sale.
3. Managers unit described as 2-bedroom plus study/office in text, feature sheet lists 3 bedrooms; includes 1 bathroom and 1 car space.
4. Long-term accommodation agreement in place, original term 25 years with 21 years remaining, offering income stability.
5. No requirement to live onsite, buyer may rent out the managers unit for additional income.
6. Complex comprises 29 total units, with a letting pool of 10 units, indicating existing letting operations and scope for yield.
7. Resort-style amenities include lakefront pool, expansive lounging areas, and BBQ facilities, enhancing guest appeal and rental potential.
8. Secure building with basement parking and lift access, described as exceptionally well maintained, supporting low-security risk and positive presentation.
9. Prime Robina location, close to Bond University, Market Square, and Varsity Central Business Centre, supporting year-round demand.
10. Waterfront lake views and easy access to broader Gold Coast attractions, strong lifestyle and marketing point for guests.
11. Manageable duties stated, implying operational simplicity and suitability for an owner-operator or manager-in-place model.
12. Ability to arrange inspections through listed contact, with disclaimer noting purchasers should verify information, highlighting need for due diligence.

Management Rights Multiplier: 1.84
ROI Estimate: 7.92%