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Permanent GC Waterfront Management Rights with stunning residence
$455k MR&$995k Unit = Total $1.45M
Permanent Management Rights, ROBINA QLD
Seize the opportunity to acquire the management rights of the prestigious Emerald Lagoon, a permanent townhouse complex nestled in the serene lakeside suburb of Robina, Gold Coast. This exceptional offering boasts a net profit of over $127k and a very reasonable multiplier of 3.6x, presenting a compelling value for discerning buyers. Additionally, the premium manager's residence enhances the overall appeal of this lucrative investment.
Key Features:
- Permanent Townhouse Complex: Located in a picturesque lakeside setting.
- Flexible Management: No set office hours required, offering excellent work-life balance.
- Strategic Location: Situated in a high-demand rental suburb, ensuring steady occupancy.
- Revenue Growth Potential: Significant potential for revenue growth through rent increases.
- Exceptional Manager's Residence + Office: Enjoy a luxurious living space while managing the complex.
- Estate Amenities: Includes a pool, spa, tennis court, BBQ areas, and breathtaking waterfront views.
With 10 years remaining on topped-up agreements and a very generous Body Corporate Salary of over $122k, this opportunity is not to be missed.
Inspections are by appointment only.
Contact Kerrie Lush of Ras360 to schedule your viewing and take the first step toward owning this exceptional property.
** Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks **
More Information
- Total Purchase Price: $455k MR&$995k Unit = Total $1.45M
- 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?