Oxford Mews
Oxford Mews
Oxford Mews
Oxford Mews
Oxford Mews
Oxford Mews
$1,239,000
  • Oxford Mews
  • Oxford Mews
  • Oxford Mews
  • Oxford Mews
  • Oxford Mews
  • Oxford Mews
Townhome $625,000 Business $614,000 BC Salary Over 70%

A unique opportunity to acquire flexible management rights to a thriving residential complex in the sought-after suburb of Upper Coomera.

The freedom and flexibility offered by Oxford Mews are unparalleled, with no set office hours, allowing the incoming operator to tailor their work schedule to suit their lifestyle, providing a perfect balance between work and leisure.

The business is underpinned by a long agreement term of over 18 years, providing long-term security and peace of mind. This is a testament to the healthy and supportive relationship with the Body Corporate Committee, which has been successfully maintained over the years.

The solid Body Corporate salary, which constitutes 70% of the total income, provides a reliable and substantial income stream. Priced according to bank valuation, the managers residence is a spacious stand-alone townhouse (193m2), boasting three bedrooms, two bathrooms, one study and an additional living area upstairs. The office/reception facility is on-title and attached, and the unit is complemented by an on-title garage and an exclusive-use private yard.
• Unrestricted operational hours offering unmatched flexibility
• Secured by a long-term agreement of 18 years, ensuring stability
• Expansive three-bedroom, two-bathroom manager's unit with an attached office
• Solid income stream with strong body corporate salary
• Situated in a high-demand rental area, promising consistent tenant flow
• Manageable caretaking duties, ideal for both newcomers and experienced operators
• Backed by a supportive body corporate committee, fostering a harmonious business environment


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: $86,263

Management Unit

Management Unit Price: $625,000

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 16

Total Units in Complex: 46

Outside Agent: 5

Agreement Term: 25 Years

Years to Run: 18 Years

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.