Robina, Queensland
Exclusive - No Requirement to Live Onsite - Up to $340,000 Income - ID 9241
$2,536,440
Business Description
Permanent Management Rights For Sale
Stylish, quality double-story 3-bedroom residence
- No legal requirement to live onsite.
- No fixed office hours.
- Very low-maintenance gardens, requiring minimal work and only a few hours of upkeep.
- A 25-year management rights agreement, with more than 23 years remaining.
- A very supportive body corporate committee.
- Excellent, modern operational systems already in place, including security cameras.
- The body corporate remuneration is $100,600 plus GST per annum, with annual CPI increases, providing a reliable and recurring income stream.
- Net operating profit: $296,253
- An additional $50,000+ in annual rental income can be generated from the manager’s residence if the new owner chooses not to live onsite, bringing the total potential annual income to more than $340,000.
- 35 properties are currently in the letting pool, all of which are permanent rentals. A further 6 properties are managed by outside agents.
- A spacious, well-appointed and stylish 3-bedroom, 2-bathroom townhouse featuring a secure garage and private courtyard.
- A generously sized office on title with its own external entrance provides a practical and convenient workspace.
Ideally located in a sought-after part of Robina, the property offers a quiet, safe and modern environment, with convenient access to everything the area has to offer.
Total Asking Price: $2,536,440, including a modern, quality double-story 3-bedroom townhouse.
Perfect business with quality living in a prime location!
Net Profit: $296,253
Price: $2,536,440
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Exclusive Management Rights Broker
Bill He
Property Code: 1209
Business Summary
Business Snapshot
Price: $2,536,440
Net Profit: $296,253 Remuneration / Body Corp Salary: $100,600Business Value: $1,546,440
Managers Unit
Value of Managers Apartment: $990,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitleA spacious, well-appointed and stylish 3-bedroom, 2-bathroom townhouse featuring a single secure garage and private courtyard. A generously sized office on title with its own external entrance provides a practical and convenient workspace. Ideally located in a sought-after part of Robina, the property offers a quiet, safe and modern environment, with convenient access to everything the area has to offer.
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net operating profit of $296,253, with a total asking price of $2,536,440 including the manager’s townhouse.
2. Body corporate remuneration of $100,600 plus GST annually includes annual CPI increases.
3. No legal requirement to live onsite and no fixed office hours provide operational flexibility.
4. Renting out the manager’s residence could generate over $50,000 annually, bringing potential total annual income above $340,000.
5. Management rights agreement has 23 years remaining on its original 25 year term.
6. Letting pool comprises 35 permanent rental properties, with six additional properties currently managed by outside agents.
7. Very low maintenance gardens require only a few hours of upkeep.
8. Modern operational systems are already established, including security cameras.
9. A very supportive body corporate committee supports business operations.
10. Included townhouse offers three bedrooms, two bathrooms, a secure garage and private courtyard.
11. Generously sized office on title has its own external entrance.
12. Sought after Robina location offers a quiet, modern environment with convenient access to local amenities.
Management Rights Multiplier: 5.22
ROI Estimate: 11.68%
