Park Edge View
Park Edge View
Park Edge View
Park Edge View
$2,230,000
  • Park Edge View
  • Park Edge View
  • Park Edge View
  • Park Edge View
High Net Business Only With No Facilities

RAS360 introduces a high-yielding, business-exclusive MLR opportunity in Springfield Lakes. It features a genuine business-only structure, providing the incoming operator with the freedom and flexibility to adapt to their circumstances.

This opportunity delivers a solid net profit with an impressive ROI of over 15.9%, bolstered by a dependable body corporate salary. It involves straightforward caretaking responsibilities, with no communal facilities such as gyms, pools, and BBQ areas. Your primary responsibility is the lawn maintenance in front of the townhomes, which is currently outsourced and can be continued with the new buyer, making this a compelling business opportunity with exceptionally low workload.

This business offers a robust return on investment with potential for further growth, making it an outstanding opportunity for any discerning buyer.
- No requirement to reside onsite and no set office hours.
- No communal facilities.
- Strong combined net profit supported by a reliable body corporate salary, ensuring a solid ROI of over 15.9%.
- Manageable caretaking duties and a 25-year caretaking and letting agreement with over 22 years remaining, providing investment longevity and stability.
- The current vendor stated that "The Committee is the best he has ever worked with in his extensive tenure in the industry."
- This is unequivocally the best management right for sale today "Full Stop"


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: $112,279

Management Unit

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 64

Total Units in Complex: 80

Outside Agent: 6

Owner Occupied: 10

Agreement Term: 25 Years

Nathan Eades
Nathan Eades
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.