$200K+ BC SALARY | CLOSE TO 22 YEAR TERM REMAINING| FLEXIBLE RESIDENCY STRUCTURE
Positioned in the heart of Robina, this substantial permanent Management Rights opportunity offers buyers an attractive combination of strong contracted income, long agreement tenure, an established letting portfolio and genuine operational flexibility.
The business is underpinned by strong $203,659 p.a. Body Corporate remuneration (which is circa 70% total income) and reviewed annually each May in line with CPI. With close to 22 years remaining on the Management Rights agreements, the incoming operator benefits from a significant and growing contracted income stream together with excellent long-term security.
The complex comprises 93 residences and is currently fully occupied and high rental demand, with 24 permanent units in the onsite letting pool and 3 external. The predominantly owner-occupied nature of the development supports a stable residential environment, while the permanent letting model provides consistent recurring management income without the higher staffing and operational demands associated with holiday letting.
A key point of difference is the flexible residency structure. The purchaser is not necessarily required to personally reside at the complex. Subject to the terms of the agreements and relevant approvals, this obligation may be satisfied through an appropriate nominee or representative. Current management has previously lived off-site and rented the unit which will generate additional income and provide flexible living lifestyle.
This flexibility may be particularly attractive to established Management Rights operators, portfolio owners or groups seeking an additional Gold Coast asset, as well as traditional owner-operators looking for a substantial permanent business.
The offering also includes a three-bedroom, two-bathroom manager’s residence with double garage, together with a dedicated on-title management office, providing an established operational base for the business.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**