Tweed Heads South, New South Wales
Business For Sale - Big Permanent Management Rights Perfect For The Large Family - ID 8639 BL
SOLD
Business Description
LARGE PERMANENT MANAGEMENT RIGHTS
NEW SOUTH WALES
- Permanent complex of 262 houses, villas and townhouses
- 104 in the letting pool with rents from $370 to $500 per week
- Security gated with 2 swimming pools
- Long agreements with 23 years to run
- Large salary, great net profit and no set office hours
- Close to shopping centre, airport and beaches
- Located on the border of NSW and QLD
- Huge 4 bedroom, 2 bathroom residence with ducted air conditioning
- Double garage, private pool and large workshop
- Office and carpark on managers title
This complex is suited to a partnership or large family. The residence is suitable for a family with its own pool and the income is large enough to support 2 couples
Net Profit: $446,000
Asking Price: $3,050,000
(inclusive of managers real estate)
For further information or to arrange an inspection of this New South Wales management rights contact listing broker Warren Oliver,
Servicing Queensland and New South Wales
Business Summary
Key Investment Insights
1. Permanent complex with 262 houses, villas, and townhouses, providing a stable and consistent income stream.
2. 104 properties in the letting pool with rents ranging from $370 to $500 per week, ensuring a diverse and balanced portfolio.
3. Security gated complex with 2 swimming pools, providing a safe and desirable living environment for tenants.
4. Long agreements with 23 years remaining, providing stability and security for the management rights business.
5. Large salary and great net profit, offering a lucrative income for the owners.
6. No set office hours, allowing for a flexible and manageable work-life balance.
7. Close proximity to shopping centers, airport, and beaches, making it an attractive location for tenants.
8. Located on the border of NSW and QLD, offering the potential for expansion and growth in both states.
9. Spacious 4 bedroom, 2 bathroom residence with ducted air conditioning, providing comfortable living for the managers.
10. Double garage, private pool, and large workshop included in the residence, offering additional amenities for the managers.
11. Office and carpark on the manager's title, providing convenience and accessibility for the managers.
12. Suitable for a partnership or large family, with the potential for two couples to manage the complex.
13. Managers real estate included in the asking price, providing additional value and potential for capital growth.
14. Servicing both Queensland and New South Wales, offering a diverse and expansive market for the management rights business.
