PRESTIGIOUS MANAGEMENT RIGHTS IN ROBINA WITH HUGE GROWTH POTENTIAL | Resort Brokers ID : MR008181
$3,470,000
Permanent Management Rights, Robina QLD
ResortBrokers presents an exclusive opportunity to acquire the management rights of a prestigious waterfront complex in Robina.
This luxurious estate features exquisite gardens, resort-like amenities and a stunning two-storey manager's unit. With 151 lots, 43 in the letting pool and huge growth potential with the current managers facilitating 70% of unit sales, this opportunity promises financial growth and long-term stability.
The property also boasts attractive rental rates, ranging from $800 to $1,050, ensuring a steady income stream.
- Stunning two-storey manager's unit featuring four bedrooms, two and a half bathrooms, and two offices on title
- Exquisite gardens and landscaping, adorned with feature fountains
- Located in one of Robina's most prestigious estates, with 151 lots and 43 in the letting pool
- Resort-like amenities including a pool, spa, steam room, sauna, gym and function room
- Impressive net profit supported by a substantial body corporate salary
- Luxurious waterfront residential complex that is pet-friendly
- Potential for growth with current managers facilitating 70% of unit sales
- Attractive rental rates ranging from $800 to $1,050
- Inspection by appointment only
Date updated: 28 Apr 2024 23:00:07
More Information
- Total Purchase Price: $3,470,000
- Net Income: $ 405,020
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,150,000
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?