Robina, Queensland

Robina Permanent Management Rights – Strong Income, Long Tenure, Flexible Operation

$1.45M MR & $1.050M Unit = Total $2.5M

Business Description

$200K+ BC SALARY | CLOSE TO 22 YEAR TERM REMAINING| FLEXIBLE RESIDENCY STRUCTURE

Positioned in the heart of Robina, this substantial permanent Management Rights opportunity offers buyers an attractive combination of strong contracted income, long agreement tenure, an established letting portfolio and genuine operational flexibility.

The business is underpinned by strong $203,659 p.a. Body Corporate remuneration (which is circa 70% total income) and reviewed annually each May in line with CPI. With close to 22 years remaining on the Management Rights agreements, the incoming operator benefits from a significant and growing contracted income stream together with excellent long-term security.

The complex comprises 93 residences and is currently fully occupied and high rental demand, with 24 permanent units in the onsite letting pool and 3 external. The predominantly owner-occupied nature of the development supports a stable residential environment, while the permanent letting model provides consistent recurring management income without the higher staffing and operational demands associated with holiday letting.

A key point of difference is the flexible residency structure. The purchaser is not necessarily required to personally reside at the complex. Subject to the terms of the agreements and relevant approvals, this obligation may be satisfied through an appropriate nominee or representative. Current management has previously lived off-site and rented the unit which will generate additional income and provide flexible living lifestyle.

This flexibility may be particularly attractive to established Management Rights operators, portfolio owners or groups seeking an additional Gold Coast asset, as well as traditional owner-operators looking for a substantial permanent business.

The offering also includes a three-bedroom, two-bathroom manager’s residence with double garage, together with a dedicated on-title management office, providing an established operational base for the business.

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

Business Summary

Business Snapshot

Price: $1.45M MR & $1.050M Unit = Total $2.5M Net Profit: $303,878 Remuneration / Body Corp Salary: $210,000

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 93Total Units in Letting Pool: 24Owner Occupy Units: 64Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Syd Douglas

0427973....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit of $303,878, supported by more than $200,000 in annual Body Corporate remuneration.
2. Body Corporate remuneration represents approximately 70% of total income and is reviewed annually each May against CPI.
3. Approximately 22 years remain on the Management Rights agreements, providing substantial contracted income tenure.
4. The permanent management model offers recurring letting income without holiday letting’s higher staffing and operational demands.
5. The complex comprises 93 residences, with 24 units in the onsite letting pool and three externally managed.
6. The development is predominantly owner occupied, supporting a stable residential environment and consistent permanent letting operations.
7. Flexible residency arrangements may allow the purchaser to appoint a suitable nominee or representative, subject to approvals.
8. The three bedroom, two bathroom manager’s residence includes a double garage and may generate additional rental income when leased.
9. A dedicated on title management office provides an established operational base.
10. Robina’s central Gold Coast location is positioned close to the area’s established residential and commercial amenities.

Management Rights Multiplier: 4.77
ROI Estimate: 12.16%