VARSITY CATCHMENT INVESTMENT - NET $270,000
Permanent Management Rights for Sale in Robina, QLD — $2,348,000
Key facts
- Price
- $2,348,000
- Location
- Robina, QLD 4226
- Type
- Permanent Management Rights
- Net income
- $271,380 (actual)
- Caretaking remuneration
- $170,067
- Units in letting pool
- 29
- Total units in complex
- 84
- Agreement term (years)
- 25
- Agreement remaining (years)
- 22
- Bedrooms
- 3
- Bathrooms
- 3
- Car spaces
- 2
- Listed by
- Property Bridge
- Listing ID
- 21194008
- Last updated
- 2026-10-02
Description
On Offer: A special opportunity to acquire a high-yield residential Gold Coast Management Rights business.<br />
<br />
Profitable: Located just 8 minutes apart in the prime Varsity Lakes growth corridor, two townhouse complexes deliver a robust net profit of $271,000 p.a. including Body Corporate Salaries of $170,000 (+GST), representing 60% of profit.<br />
<br />
Sustainable Business: Combined, there are a total of eighty-four townhouses. And within the letting pool of twenty-nine lots there is high tenant demand with premium returns and exceptional rental growth. Average rent for new tenants has reached $950-$1,000 per week.<br />
<br />
Growth Potential: A handy operator could value add. There are also ten lots held by external agents that may be brought into the onsite letting pool<br />
<br />
Operationally Efficient: Both complexes feature minimal amenities, established third-party maintenance teams, and incredibly supportive committees, allowing the incoming business owner to operate the combined portfolio remotely and effectively.<br />
<br />
Well Maintained: Complexes are in excellent condition and have been recently repainted externally. There are no significant maintenance costs anticipated within the near future.<br />
<br />
Accommodation: Included within this business package is a modern townhouse featuring 3-bedroom, 2.5-bathroom, double lock-up garage with office and shed on same title. Solar panels on the roof.<br />
<br />
Current business owner lives offsite with manager's unit occupied by an approved nominee, also paying $800 rental per week for the property. This income is in addition to the advertised Net Profit of $270,000. <br />
<br />
Convenient: Situated within the highly sought-after Varsity College Primary and Senior School catchments.<br />
<br />
Offering unbeatable convenience, being handy to Bunnings and Officeworks. Minutes to Robina Town Centre, M1 Motorway, and train station.<br />
<br />
Your Contact: Bobo Qi is available for your exclusive introduction to this terrific business opportunity.
<br />
Profitable: Located just 8 minutes apart in the prime Varsity Lakes growth corridor, two townhouse complexes deliver a robust net profit of $271,000 p.a. including Body Corporate Salaries of $170,000 (+GST), representing 60% of profit.<br />
<br />
Sustainable Business: Combined, there are a total of eighty-four townhouses. And within the letting pool of twenty-nine lots there is high tenant demand with premium returns and exceptional rental growth. Average rent for new tenants has reached $950-$1,000 per week.<br />
<br />
Growth Potential: A handy operator could value add. There are also ten lots held by external agents that may be brought into the onsite letting pool<br />
<br />
Operationally Efficient: Both complexes feature minimal amenities, established third-party maintenance teams, and incredibly supportive committees, allowing the incoming business owner to operate the combined portfolio remotely and effectively.<br />
<br />
Well Maintained: Complexes are in excellent condition and have been recently repainted externally. There are no significant maintenance costs anticipated within the near future.<br />
<br />
Accommodation: Included within this business package is a modern townhouse featuring 3-bedroom, 2.5-bathroom, double lock-up garage with office and shed on same title. Solar panels on the roof.<br />
<br />
Current business owner lives offsite with manager's unit occupied by an approved nominee, also paying $800 rental per week for the property. This income is in addition to the advertised Net Profit of $270,000. <br />
<br />
Convenient: Situated within the highly sought-after Varsity College Primary and Senior School catchments.<br />
<br />
Offering unbeatable convenience, being handy to Bunnings and Officeworks. Minutes to Robina Town Centre, M1 Motorway, and train station.<br />
<br />
Your Contact: Bobo Qi is available for your exclusive introduction to this terrific business opportunity.