Robina QLD
Large Permanent Management Rights Business & Associated Real Estate in Central Gold Coast Selling at Valuation!
- AAA central GC location with strong tenancy drivers
- 300+ total lots, 90 in the letting pool
- 20 minutes to Surfers Paradise
- 20 minutes to Coolangatta Airport
- Excellent offices and 3 bed, 2 bath managers apartments
- $624,795 combined salary
- $500,000+ Net Operating Profit
- 19.7% return on business
- 70% borrowing may be available to qualified purchasers
- No office hours stated in contracts
- No requirement to live on-site
- Opportunity to rent the real estate for additional revenue (offset wages cost)
- Huge potential to convert 40 OAs and increase letting pool
- Massive captive audience to earn addition real estate sales commissions
Here are some of the more pertinent details…
| Multiplier: | 5.1 averaged |
| Letting Pool: | 95 |
| Complex Total: | 300+ |
| Outside Agents: | 40 |
| Agreement Term: | 25 and 10 |
| Remaining Term: | 6, 19, 14 |
| Office Hours: | Two offices, 9am – 4pm Monday to Friday (no weekend hours) |
Broker:
To discuss this great business opportunity, give Tracie Saks on 0412 200 422 or Greg Jorgensen on 0407 721 335 a call today!
Under Offer
Property Information
Complex TypeApartments
LocationGold Coast
Remuneration 624,796
Letting Pool 95
Enquire Now