Waterfront Complexâ Spacious&Versatile Living with Commercial Income Streams

Business is 1.105M + 1.5M Unit = 2.605M

Permanent Management Rights, ROBINA QLD

Waterfront Complex Spacious & Versatile Living with Commercial Income Streams
This well-maintained waterfront complex offers a rare and unique opportunity, combining a generous manager's residence with multiple income-generating commercial properties.
The two-storey managers residence is the largest of its kind, providing exceptional space and flexibility. The main living area and master bedroom are located upstairs, featuring a massive rear balcony with stunning views.
Downstairs is designed for versatility, offering:
A self-contained retreat ideal for parents, teenagers, or students.
A huge entertainment area with a media room, a spacious bar, and an additional bathroom. This space could also be converted into a separate rental unit.
A dedicated gym room and laundry room, along with two large attached offices.
The unique layout makes this property perfect for families with older children, newlyweds living at home, or those looking for dual-living opportunities. The home is energy-efficient, equipped with solar panels on the roof.
Commercial Component (On Title)
Adding to the investment appeal, the complex includes a commercial property with multiple revenue streams:
A large commercial kitchen, currently rented out and generating income.
An occupational therapy business leasing another section of the commercial space.
A spacious reception area that forms part of the commercial precinct.
With an unbeatable location close to all amenities, this property presents an excellent lifestyle opportunity with significant income potential.

**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

More Information

Financial Overview

Total Purchase Price: Business is 1.105M + 1.5M Unit = 2.605M
Net Income: $ 246,927 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,500,000
_{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.}

Letting Business

Letting Pool: 22
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 64
_{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: 10
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 96
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 154,983
_{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: 23 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: none
_{Required Office Hours}

Complex Features: tennis court BBQ commercial kitchen and massive space for occupational therapy business ON TITLE0

Real Estate Component

Manager's Unit: 4 3

Included Real Estate: $ 1,500,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

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

Pets: No
_{Can the manager own a pet on site?}

Unit Features: