Runaway Vista
Runaway Vista
Runaway Vista
Runaway Vista
$945,000
  • Runaway Vista
  • Runaway Vista
  • Runaway Vista
  • Runaway Vista
  • 2Garages
Discover Serene Living and Lucrative Returns: Your Gateway to Gold Coast's Prime Management Rights Opportunity!

Located on Oxley Drive in the serene Coombabah suburb, Nestled in one of the Gold Coast's prime spots, it offers unparalleled accessibility to numerous shopping centres, educational institutions, thrilling theme parks, and pristine beaches. Surfers Paradise is just a breezy 15-minute drive away, while the Pacific Highway is a mere five-minute journey.

This exclusive complex comprises 48 townhouses that are meticulously maintained and operated. Embracing a tranquil ambience, the amenities include a Pool, Tennis court, Barbecue area and ample visitor parking.

Despite its enviable Body Corporate Salary of $76,477, the caretaking duties are remarkably light and manageable. The current management has efficiently minimised garden upkeep, eliminating the hassle. With flexible hours and minimal administrative tasks, part-time personnel can effortlessly handle the workload while enjoying the accessible common areas. This means you can focus on enjoying your new home worry-free.

The manager's townhome is a tastefully renovated three-bedroom, two-bathroom townhouse featuring a spacious open-plan living, dining, and kitchen area. Additionally, it includes a generously sized attached office, which can quickly transform into a fourth bedroom and an outdoor space complemented by a covered patio and solar panels.

With a robust Body Corporate rapport, evidenced by recently renewed agreements and inclusive Gallery Vie, the new managers are poised for success from day one. This management rights opportunity is ideally suited for a semi-retired couple seeking a secure income stream and ample leisure time or a family desiring a secondary revenue stream and a comfortable homestead. Offering exceptional value, the asking price promises a lucrative return on investment that is rarely found elsewhere. Get ready to embark on a management right of unparalleled calibre.


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: $79,710

Management Unit

Management Unit Price: $710,000

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 6

Total Units in Complex: 48

Outside Agent: 5

Owner Occupied: 37

Agreement Term: 25

Years to Run: 19

Paul Mueller
Paul Mueller


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.