Stanley Point
$950,000
  • Stanley Point
Great Complex close to the city

Stanley Point is an ideal first complex to start one off into the management rights industry or an excellent add-on into a thriving management rights portfolio. This business boasts of both an internal letting pool and a growing external property management business.
This clean and tidy complex built in 2004 is easy to maintain and enjoys a modern style swimming pool.
The manager’s unit is a tidy 3 bedroom, 2 bathroom and has 2 car space; an ideal size to run a business.
This complex is ideally located just five minutes from The Gabba and the cafes and shops throughout the precinct. Coles is also just five minutes away. Stanley Point enjoys easy access to public transportation with the bus-stop right at its doorstep.
Start your career or grow it in Stanley Point.
Income is $100,000
Unit is $650,000
MR is $300000
Total $950000
Reduced to a low multiplier P&L done by a recognized MR accountant
All reasonable offers considered
Please contact Agent Robert Collins on 0404678792 or [email protected]


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 61622

Management Unit

Management Unit Price: 650000

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 15

Total Units in Complex: 41

Holiday Units: 0

Outside Agent: 5

Owner Occupied: 21

Agreement Term: 25 years

Years to Run: 17

Robert Collins
Robert Collins


CONFIDENTIALITY AGREEMENT GOVERNING ALL BUSINESSES LISTED WITH RAAS MANAGEMENT RIGHTS

In consideration of RAAS (being any or all of RAAS Property Group Pty Ltd and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by RAAS, We/I hereby agree and undertake as follows:

  1. To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
  2. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by RAAS;
  3. Not to make an approach to the Vendor of any business disclosed to me by RAAS, or the business’ staff, customers or suppliers without prior arrangement with RAAS and to refer all queries through RAAS;
  4. We acknowledge that RAAS is the introducing broker, and that all offers and deposits for the business, shares or property will be conducted through that office.
  5. If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to RAAS Property Group as the case may be;
  6. If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify RAAS against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.
  7. That all information is received for no other purpose than the evaluation of the investment potential of the business;
  8. If I decide not to proceed with the investment, I agree to immediately return to RAAS all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
  9. the relevant Act for the State or Territory including but not limited to (Electronic Transactions Act 2000 No 8 (NSW), Electronic Transactions (Victoria) Act 2000, Electronic Transactions (Qld) Act 2001, Electronic Transactions Act 2011 (WA), Electronic Communications Act 2000 (SA), Electronic Transactions (Northern Territory) Act 2000, Electronic Transactions Act 2000 (Tas), Electronic Transactions Act 2001 (ACT)

By checking this box, you are agreeing to abide by the terms of our Confidentiality Agreement.