Immaculate Permanent Convenience!!

$3,470,000

Permanent management rights, Robina QLD

This gated and secure complex allows one to enjoy the convenience of living in one of Robina's most sought-after waterfront estates, and within easy walking distance via a private foot path to the world class Robina Town Centre and all the amenities on offer. Some images might not depict this complex.

Combine this convenience with the stunning resort facilities of a pool, spa, sauna, steam room, function room and a gym, and you will have no doubt you have found your ideal home. You will rarely need to take your car out of the garage, however, still in close proximity to fabulous beaches, numerous schools, Hospitals, University, shopping centres, sports facilities, sports stadiums and the Theme Parks.

Immaculately maintained and presented complex with 3 external rentals in the total rental pool, very workable hours, security patrol management and long term agreements.

The very spacious fully air-conditioned managers 4 bedroom, 2.5 bathroom two-level apartment with downstairs an open plan lounge and dining area, leading off from a fully equipped modern kitchen. Direct and convenient access to a double garage and the two on title offices from the apartment. Private and secure under cover huge courtyard downstairs. Additional parking available for 4 cars.

To arrange an inspection call: Gavin - 08854 or email:

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

More Information

Financial Overview

Total Purchase Price: $3,470,000
Net Income: $ 405,000 ()
_{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: 5.7
_{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.}

Letting Business

Letting Pool: 42
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 151
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 293,000
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 21 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Mon, Tue, Thu, Fri - 2 hours per day
_{Required Office Hours}

Complex Features:

Real Estate Component

Manager's Unit: 4 3

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.}

Manager's Car Spaces: 6

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: