Moda Melton
$1,364,000
  • Moda Melton
MANAGEMENT RIGHTS North Side

Exciting Management Rights Business Opportunity in Brisbane, QLD!
Are you ready to seize your future with enthusiasm? Look no further! This fantastic opportunity awaits in an inner northside suburb of Brisbane, QLD. With 23 years remaining on the accommodation module, this business offers incredible potential in the permanent letting sector.
Situated in a prime location close to a trendy village and excellent schools, this management rights business promises a bright future. The upside potential in the permanent letting business is limited only by your creativity and drive.
Enjoy not only a thriving business but also a generous caretaking salary of $100,000. Featuring a generous three-bedroom Manager's apartment, complete with two bathrooms, two balconies, and two secure basement car parks, this package is designed for comfort and convenience. Plus, enjoy exclusive use of an office space to streamline operations.
Here's a snapshot of what awaits:
- Apartment price: $590,000 (below bank valuation)
- Business price: $774,000 (at a 4.7 multiplier)
- Total: $1,364,000 (negotiable for a qualified buyer)
Don't miss out on this incredible opportunity to secure both a home and a thriving business. Buyers with a full Real Estate license are encouraged to explore this deal further.
Contact your Ras360 Rights Broker today for more details on this exceptional home and business package. Don't let this opportunity slip away!

Agents
Malcolm O'Farrell 0423 091 151 or [email protected]
Robert Collins 0404678792 or [email protected]


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 101,613

Management Unit

Management Unit Price: 590,000

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 22

Total Units in Complex: 78

Holiday Units: 0

Outside Agent: 13

Owner Occupied: 43

Agreement Term: 25 Years

Years to Run: 23 Years

Malcolm O'Farrell
Malcolm O'Farrell
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.