Moreton Bay Breezes
$1,368,000
  • Moreton Bay Breezes
BAYSIDE BEAUTY MANAGEMENT RIGHTS FOR SALE

One of the better presented and often admired complexes on Brisbane's bayside is now offered for sale. The business supports a stable income with a guaranteed Body Corporate salary each August. The letting pool is made up of 13 units in the complex and 1 unit in the adjacent complex making a total of 14. The grounds are laid out for easy maintenance and takes just a few hours per week to attend too. The swimming pool area provides a lovely environment for the relaxation and use of the residents. The Manager's residence is a very spacious three bedroom villa, boasting new bench tops and basins in the kitchen and bathrooms. The kitchen has plenty of storage space plus a large pantry. The open plan living area opens out to a covered patio area which provides privacy while relaxing or entertaining. There are 3 generously sized bedrooms, all carpeted with built-in robes and two with air-conditioning. Living areas are tiled. The office has internal access and is on title. The double garage is currently divided by an internal partition to provide for either a 4th bedroom, rumpus room or playroom for the youngsters and is air conditioned. It can easily be converted back to a double garage if desired. The location lends itself to all those creature comforts we need in life from a range of educational state and private schools, including Moreton Bay Girls and Boys Colleges, child care facilities within 3 kilometers, medical center only 180m walk and shopping centers with Woolworths and IGA Supermarkets less than a kilometer away. Transport needs are provided by train with the station being 4 kms away and buses just a short walk from the complex. There are numerous sporting grounds close by and a 10 minute drive will have you on the Manly waterfront with its' cafes, restaurants and Royal Queensland yacht Squadron headquarters. If you are looking to enter the Management Rights Industry or just wanting a change of pace from that larger complex please don't let this opportunity pass you by. Contact your Joint Exclusive Broker Robert Collins on 0404678792 or [email protected] to arrange an early inspection.


BUSINESS SNAPSHOT

Financials

Body Corporate Salary: 96663

Management Unit

Management Unit Price: 849000

Complex Overview

Complex Type / Module: Permanent

Total Units Inside Letting Pool: 13+1

Total Units in Complex: 59

Holiday Units: 0

Outside Agent: 2

Owner Occupied: 43

Agreement Term: 25 Years

Years to Run: 19 Years

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.