Robina, Queensland

STREET APPEAL & HIGH OCCUPANCY

SOLD

Business Description

Well maintained gated permanent resort of 64 spacious townhouses and villas in prominent Robina locale.

The beautiful living environment has extensive facilities with easy access to train, bus, hospital, schools, Robina Town Centre, Bond University and abundant parkland.

Room for the whole happy family in the comfortable 164sq.m 3 bedroom townhouse with sunny, fully secured and private garden.

Desired Accommodation module with substantial remuneration of $108,000, a large office on title with no set hours and plenty of storage for the Manager.

A beauty! First time offered in many years!

Business Summary

Business Snapshot

Price: SOLD Net Profit: $142,000 Remuneration / Body Corp Salary: $108,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $495,000Bedrooms: 3Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes

North facing 3 bedroom, 3 bathroom Townhouse

Complex Information

Complex Type: PermanentTotal Units in Complex: 64Total Units in Letting Pool: 21Owner Occupy Units: 35Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: YesFunction Facilities: Yes

Marketing Agent

Rhonda Perkins

Property Bridge

Key Investment Insights

1. Well-maintained gated permanent resort with 64 spacious townhouses and villas
2. Located in a prominent Robina locale with easy access to transportation, shopping, hospitals, and schools
3. Comfortable 164sq.m 3 bedroom townhouse with sunny, fully secured and private garden
4. Desired Accommodation module with substantial remuneration of $108,000 and a large office on title with no set hours
5. Plenty of storage for the Manager
6. First time offered in many years
7. Net profit of $142,000
8. North-facing 3 bedroom, 3 bathroom Townhouse
9. Complex features include pool, spa, sauna, gym, BBQ area, pay TV, and function facilities
10. Agreement module is for 25 years

Management Rights Multiplier: 4.68
ROI Estimate: 21.35%