Tweed Heads, New South Wales

Tweed Heads - Holiday - Sold & Settled - ID 8136

SOLD

Business Description

Fantastic Border Position, Best of Both Worlds

- High rise building with salary over $220,000
- Manageable letting pool of 29 apartments
- 10 year caretaking, 23 year letting agreements
- Heated pool, spa, BBQ, Foxtel, CCTV, Wi-Fi
- Huge 2 bedroom, 2 bathroom manager's apartment with 7 car spaces on title
- Separate on title office/reception with adjoining large common area foyer
- Easy 5 minute walk to Coolangatta beach, shops and dining
- Experienced staff in place to assist with handover and ongoing operation if needed

Fabulous chance to get a foothold in the management rights industry, underpinned by a huge salary and good agreements. Fantastic NSW/QLD border position within 400m of the beach.

For those who have food and beverage experience, you have the opportunity to also purchase an on title conference/reception centre with licensed bar and commercial kitchen if interested. This is not a pre-requisite of owning and operating the management rights business.

Net Profit: $454,748
Asking Price: $2,800,000 (+ conference centre if required)
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW Management Rights business for sale contact:

Exclusive Management Rights Broker
Tony Johnson

Property Code: 650

Business Summary