Robina, Queensland

Water Views!!!

$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, idyllic water views, manageable duties 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 manager remuneration/body corporate salary $38,500.
2. Managers apartment valued at $820,000, included on title, offering significant asset value within the sale.
3. Managers apartment details show 3 bedrooms, 1 bathroom, 1 car space, plus an on-title office.
4. Long term accommodation agreement originally 25 years, 21 years remaining, providing predictable contractual tenure.
5. Permanent complex of 29 units, with 10 units in the letting pool, indicating existing operational scale and spare letting capacity.
6. Resort-style, waterfront location with lakefront pool, expansive lounging areas and BBQ spots, enhancing guest appeal and premium positioning.
7. Secure basement parking and convenient lift access, supporting guest convenience and accessible operations.
8. Prime proximity to Bond University, Market Square and Varsity Central Business Centre, favourable for consistent demand from students and professionals.
9. Manager unit features a generous open-plan design with a spacious outdoor area suitable for entertaining or family use, supporting live-in management lifestyle.
10. Low stated operational burden, described as manageable duties, combined with established long-term agreements and resort amenities, suggesting a hands-on yet controllable management role.

Management Rights Multiplier: 1.84
ROI Estimate: 54.29%