Tweed Heads, New South Wales
Add On Caretaking!!
$105,000
Business Description
Add On Caretaking!!
This 7 level almost new complex is situated adjacent to the Tweed Bowls Club, a moments' walk to the Tweed Mall and Twin Towns entertainment venue and within close proximity to Coolangatta / Tweed Golf Club and Tweed City for additional major shopping.
An ideally located complex allows one to meander along the gorgeous Tweed River foreshore, equipped with exercise stations and then bath on golden sands, before taking a refreshing dip in the crystal blue waters.
The convenience factor of this complex is superb with easy access to shopping, restaurants, public transport and the Tweed River Foreshore. Images might not depict this complex.
The ideal add on, or entry for a new management rights owner.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $105,000
Net Profit: $26,300 Remuneration / Body Corp Salary: $26,300
Complex Information
Complex Type: PermanentTotal Units in Complex: 13Owner Occupy Units: 9Outside Agent Units: 4Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsIndoor Pool: YesGym: Yes
Key Investment Insights
1. The complex is located in a highly desirable and convenient location, close to amenities and recreational activities.
2. The business offers an ideal opportunity for an add-on or entry into management rights ownership.
3. The complex has a mix of permanent and owner-occupier units, providing stability and potential for growth.
4. The complex has a range of facilities, including an indoor pool and gym, adding value for residents.
5. The current net profit and remuneration/body corp salary make this a profitable and attractive investment opportunity.
6. The complex has a standard agreement module with 8 years remaining, providing security and stability for the new owner.
7. The complex has a low number of outside agent units, reducing competition and potential conflicts.
8. The complex has a total of 13 units, providing a manageable workload for the caretaker.
9. The complex is adjacent to a popular bowls club and within close proximity to major shopping centers, providing potential for increased foot traffic and business opportunities.
10. The information provided in the listing has been verified and is deemed accurate, providing transparency and trust for potential buyers.
