Bauer Place
Bauer Place
$690,000
  • Bauer Place
  • Bauer Place
  • 2Garages
Unit and caretaking only

Get into the market with this small 17 unit management Rights. Have a full time job (as current owner has done so for many years). Very little to do with no pool no BBQ. Hardly any lawn. Earn just over $27K a year (pay the mortgage) and live in a two bathroom 2 bedroom 2 carpark unit secure underground carpark. Would suit retiree or young couple or single young person or single person. 12 years to run and BC salary goes up every year with 3% or CPI increase, whatever the greatest. 9 units to get into the letting if you would like to have a rent roll or simply just have the caretaking agreement. Unit is spacious and with huge wrap around balconies heaps of room !!!. Right in the centre of everything in one of Southport most beautiful leafy streets and close to the "G" and Woolworths and restaurants. Leave the car at home. NO LICENE REQUIRED, JUST A LITTLE OF WORK ETHIC :-). Honestly it would be the same amount of work of a big back yard or even less>
Call Kerrie Lush 0416 084 693 or email [email protected]


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 27,287.00

Management Unit

Management Unit Price: 645,000.00

Complex Overview

Complex Type / Module: Permanent

Total Units in Complex: 17

Agreement Term: 25

Years to Run: 12

Kerrie Lush
Kerrie Lush


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.