Robina, Queensland

BE HAPPY

SOLD

Business Description

A secure and contemporary Gold Coast waterfront permanent management rights.

Upmarket precinct, walking distance to Robina Town Centre, Train, High School & Hospital.

Free time to live well in the delightful 2 bedroom, 2 bathroom Manager’s apartment.

Office on title, generous remuneration, long agreements and no set hours.

Compact grounds, lift access and a low maintenance business.

Stylish apartments and preferred location attract quality tenants.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $122,000 Remuneration / Body Corp Salary: $79,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $485,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Modern, North East Aspect, 2 Bed, 2 Bath

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 20Owner Occupy Units: 22Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesPay TV: YesFunction Facilities: Yes
Marketing Agent
Rhonda Perkins
Rhonda Perkins

Rhonda Perkins
Rhonda Perkins

Key Investment Insights

1. Well-established and secure waterfront permanent management rights business for sale in an upmarket precinct on the Gold Coast.
2. Prime location within walking distance to popular amenities such as Robina Town Centre, train station, high school, and hospital.
3. Manager's apartment is a spacious and modern 2 bedroom, 2 bathroom unit with a North East aspect.
4. Office is included on title and there are no set hours, allowing for a good work-life balance.
5. Generous remuneration and long agreements in place.
6. Compact grounds and lift access make for low maintenance business operations.
7. The stylish apartments and preferred location attract quality tenants.
8. Manager's unit is valued at $485,000 and pets are allowed.
9. Complex is a permanent type with a total of 50 units, 20 of which are in the letting pool.
10. Agreement module is accommodation with a term of 25 years, with 20 years remaining.
11. Complex amenities include a pool, BBQ area, pay TV, and function facilities.

Management Rights Multiplier: 4.80
ROI Estimate: 20.85%

Listing location
Gallery

This Business is sold

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