Robina, Queensland
Exclusive - No Requirement to Live Onsite - Up to $320,000 Income - ID 9241
$2,400,000
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 $100,440 plus GST per annum, with annual CPI increases, providing a reliable and recurring income stream.
- Net operating profit: More than $270,000
- 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 $320,000.
- 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: $2,400,000, including a modern, quality double-story 3-bedroom townhouse.
Perfect business with quality living in a prime location!
Net Profit: More than $270,000
Price: $2,400,000
(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
Key Investment Insights
AI generated. Confirm details with the seller.
1. Net operating profit exceeds $270,000, with total potential annual income exceeding $320,000 if the manager’s residence is rented out.
2. Annual body corporate remuneration of $100,440 plus GST includes CPI increases, supporting recurring income.
3. Management rights agreement has more than 23 years remaining from an original 25 year term.
4. No legal requirement to live onsite and no fixed office hours provide operational flexibility.
5. Very low maintenance gardens require only a few hours of upkeep.
6. The letting pool comprises 35 permanent rental properties, with another six properties managed by outside agents.
7. The $2,400,000 asking price includes a stylish three bedroom townhouse with two bathrooms, secure garage and private courtyard.
8. A spacious office on title has its own external entrance.
9. Modern operational systems are already established, including security cameras.
10. A very supportive body corporate committee assists ongoing management.
11. Located in a sought after part of Robina, offering a quiet, modern environment and convenient access to local amenities.
