Management Rights For Robina
$1,450,000
Permanent management rights, Robina QLD
This Management Rights has a featured entry and has units surrounding a large lagoon, swimming pool and spa.
There is a Floodlit, Full-size Court Tennis Court.
Over 90% of the income is made up of the Body Corporate Remuneration (Salary)
Potential to gain some units in the letting pool from outside agent rentals
Managers Townhouse
3 Bed 2 Bath (main with ensuite and walk-in robe)
Large modern kitchen, a raised dining area, a good-sized lounge leading to a large private patio overlooking the water. Double Lock-up garage and office with shed on title.
The complex is nearby to Q Shopping Centre, Pacific Fair and Robina Town Centre.
Robina is a suburb with Schools, Sports Grounds and many restaurants.
For more Information Contact the agent by phone or email
More Information
- Total Purchase Price: $1,450,000
- Net Income: $ 127,070
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 995,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?