Permanent MR complex in Robina, long tenure, solid ROI, and upside potential | Resort Brokers ID : MR008350
$1,895,000
Permanent Management Rights, ROBINA QLD
ResortBrokers is delighted to bring to market the Villas Tijuana, a permanent Management Rights opportunity centrally located near schools, hospital, public transport, shopping precinct's, the M1 and a short drive to the surf and sand.
On offer with a long tenure of 22 years and a promising ROI, perfect for those seeking a lifestyle opportunity, with the possibility for one person to work outside the complex on a full or part-time basis.
Comprising 66 townhouses, there are currently 18 in the permanent letting pool, presenting upside potential to convert outside lets and further increase the net profit. The manager's townhouse is a spacious four-bedroom, two-bathroom residence with an on-title reception/office.
Villas Tijuana represents a remarkable investment opportunity, get in touch today to explore!
- 22-year accommodation module tenure
- Mexican-inspired design with private resort-style facilities
- Boutique complex with majority owner-occupied properties- Prime location in the heart of Robina, close to key amenities
- 4-bed, 2-bath residence, patio/courtyard, storage shed and double garage
- Potential for upside via converting outside letting
- Inspections by appointment only
Date updated: 01 Dec 2024 22:00:03
More Information
- Total Purchase Price: $1,895,000
- Net Income: $ 210,490
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
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?