Experienced property managers are being offered the rare opportunity to secure the management rights to one of the Gold Coast’s newest master planned communities, Vue Terrace Homes in Robina.
Situated on East Lake Drive, and surrounded by the 17 hectare Robina City Parklands, Vue Terrace Homes is the latest development by Robina master developer, Robina Group, showcasing its award-winning terrace home designs.
Alex Cook from Resort Brokers Australia, who is managing the sale, said the strong growth and high rental demand in Robina meant competition for the management rights would likely be strong.
“The scale of the community presents an incredible opportunity to the purchaser to grow a significant business in a sought-after Gold Coast suburb with existing infrastructure and high livability,” he said.
“Experienced operators seeking an attractive return typically need to buy the rights to two or three projects to achieve their goal, however, Vue Terrace Homes offers the chance for buyers to do it within the one gated development.
“This is not your average community. Robina Group is known for its high-quality projects, many of which have had a waiting list of potential renters prior to completion, and Vue Terrace Homes is expected to be no exception.
“The off-the-plan management rights is amongst the largest permanent rights available in Gold Coast City, and – being situated in a great location with a very high rental demand – we expect it will be an extremely competitive sales process.”
The community will include 268 architecturally-designed terrace homes, in an elevated position, with many capturing stunning uninterrupted views across Robina City Parklands to the Gold Coast skyline.
“Vue Terrace Homes is a landmark development,” said Mr Cook.
“The elevated platform with amazing views across to Surfers Paradise and Broadbeach, the architectural features of the homes and the overall luxurious feel of the community adds up to an incredible opportunity for owner-occupiers, investors and the managers themselves.
“Having an onsite manager is a significant benefit to buyers, whether they are owner-occupiers or investors. It means the people who are running the business have bought into the community – and they have a vested interest in making sure it is well-run, maintained and permanently looking good.
“There is the caretaking aspect of the role – onsite managers have constant ears and eyes on the ground – plus, residents have the ability to speak to someone face-to-face with any issues or feedback.
“From a letting perspective, onsite managers can keep waiting lists for suitable tenants and generally achieve low to nil vacancy rates. They also provide efficiency in cost and time when it comes to managing the rental properties once tenanted.”
In addition to the management rights, the successful operator will own a three bedroom home within the community, featuring a second multi-use living and study area, European appliances, and NBN connectivity.
Robina Group director Tony Tippett said the developer would be working closely with Mr Cook to ensure the right operator was selected.
“We look forward to sitting down with prospective operators to make an assessment of who is best-placed to provide a high level of service to the residents and owners of Vue Terrace Homes,” he said.
“It is an important decision, as we will be entrusting the successful operator to uphold the quality and community-focused reputation Robina Group has been renowned for over the last 35 years.”
Those wishing to express interest can contact Alex Cook from Resort Brokers Australia on 0467 600 610.