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Management Rights Opportunity in Vibrant Robina Secure Income
$520k MR&$775k Unit = Total $1.295M
Permanent Management Rights, ROBINA QLD
Greenwich on Riverwalk, set within the lively heart of Robina, offers an exceptional blend of lifestyle and business opportunity. This well-presented management rights business services 51 units, with 12 currently in the letting pool and a further 13 managed by outside agents, creating strong potential to expand and increase returns. With a refreshed net profit of $152,880, the business delivers both stability and excellent growth prospects.
The 25-year agreements are in excellent condition and supported by a proactive, cooperative committee, ensuring long-term security and ease of operation. The workload is streamlined, with minimal facilities, low-maintenance gardens and flexible office hours, making it ideal for a single operator seeking a balance between income and lifestyle.
The managers residence is a contemporary two-bedroom, two-bathroom apartment designed for comfort, with open-plan living, abundant natural light and two secure car parks. A street-level office offers privacy and efficiency for business management, while the complexs saltwater pool and BBQ area add to the appeal for both residents and the manager.
Positioned just a short, direct walk from Robina Town Centre and the caf culture of Arbour Avenue, this opportunity provides the convenience of a prime location combined with the benefits of a well-run, low-maintenance business. Greenwich on Riverwalk represents a rare chance to secure a management rights business in one of the Gold Coasts most sought-after suburbs, backed by consistent earnings and genuine scope for future growth.
More Information
- Total Purchase Price: $520k MR&$775k Unit = Total $1.295M
- Net Income: $ 152,880
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 775,000
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?