LARGE-SCALE OFF-THE-PLAN PERMANENT MANAGEMENT RIGHTS, ROBINA C. $900K PROJ. NET | Resort Brokers ID : OTP008640

Expressions Of Interest

Off The Plan Management Rights, ROBINA QLD

Under construction and due to complete toward the end of 2025,Cascade Robina is a brand-new development that is nothing short of exceptional. By way of design, style and positioning, this incredible project is delivered by established GC developer Andrews Group, and maintains their renowned reputation for high quality product and first-class facilities.ResortBrokers is excited to exclusively offer to the market the off-the-plan management and letting rights and associated real estate to Cascade Apartments. With a projected net close to $900,000 per annum, the security of 25 year Accommodation module agreements and a strong investor sales profile, this will be a coveted acquisition suited to experienced large-scale operators.

Experienced buyers will know how rare large scale OTPs opportunities in todays development and construction environment.

- Due for delivery at end of 2025
- Projected net profit circa $900,000 per annum- Brand new 25 year accommodation module agreements
- Healthy Body Corporate salary of $303,945 excluding GST
- Two 15 level towers comprising 224 apartments and 5 luxury villas
- Superb wellness facilities set in a tranquil environment
- Swimming pool& deck, spa, sauna, indoor& outdoor gym, BBQ's and cabanas
- Projected letting pool of 55% based on investor sales
- Masterplan design set over 1.1 hectares with lush surrounds
- Designed and developed by Andrews Group
- Unmissable opportunity for all experienced operators
- Stunning 2 bedroom manager's residence with 2 car parks - $1.25m
- Sufficient operational space on OA
- MR Price guide: $5m+
- All inspections by appointment

EXPRESSIONS OF INTEREST CLOSE FRIDAY 16TH MAY, 2025 AT 5PM AEST Date updated: 14 Apr 2025 23:00:02

More Information

Financial Overview

Total Purchase Price: Expressions Of Interest
Net Income: $ 881,388 (projected)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 0
_{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.}

Letting Business

Letting Pool: 125
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 103
_{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: 229
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 303,945
_{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: 25 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: No set hours
_{Required Office Hours}

Complex Features: Two Towers - 224 apartments and 5 villas 25m pool, fitness centre, sauna and steam rooms, poolside cabanas, basement access, water fountain.