Tweed Heads, New South Wales
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE | Resort Brokers ID : MR009347
$2,680,000
Business Description
Generating a net operating profit of $374,000, this established permanent letting complex in the heart of Tweed Heads, NSW is anchored by an impressive by a CPI-indexed Body Corporate salary of approximately $197,000, providing a compelling balance of secure recurring income and profitability.
Designed for lifestyle flexibility, this opportunity requires no set office hours and no obligation to reside onsite. The spacious 3-bedroom, 2-bathroom manager's residence can be occupied or alternatively rented for approximately $41,000 per annum, creating an attractive additional income stream.
Operational efficiency is enhanced by contracted support, while easy-care grounds and a supportive Body Corporate committee ensure streamlined day-to-day management.
With strong underlying income, low vacancy, further upside through additional lettings and unit sales, plus a competitive multiplier, this business delivers an outstanding combination of income strength, lifestyle appeal and growth potential.
- Strong NOP of $374,000, including a generous Body Corporate salary of approximately $197,000+
- Additional income potential of approximately $41,000 p.a. by renting out manager’s 3-bed, 2-bathresidence
- Exceptional lifestyle flexibility with no set office hours and no requirement to reside onsite
- Supportive owners and proactive committee, combined with easy-care grounds
- Established permanent townhouse complex comprising 102 units, with 59 currently in the letting pool
- Further upside through unit sales, providing an additional avenue to increase income
- Strong rental demand supported by the highly sought-after suburb and fantastic onsite facilities
- A compelling combination of strong income, lifestyle flexibility and future growth potential
- Inspection by appointment only
Date updated: 07 Sep 2026 23:00:05
Business Summary
Business Snapshot
Price: $2,680,000
Net Profit: $374,696 Remuneration / Body Corp Salary: $197,471
Managers Unit
Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 102Total Units in Letting Pool: 59Owner Occupy Units: 41Outside Agent Units: 1Agreement Term Remaining: 25 years