Tweed Heads South, New South Wales

$570K Net Profit with a Freestanding 4-Bedroom Manager’s Home a Rare Management Rights Opportunity

$2.61M MR + $1.10M Unit = Total $3.71M

Business Description

Ras360 presents an exceptional opportunity to secure a pair of well-established permanent residential management rights businesses, ideally positioned just 10 minutes from the Southern Gold Coast and Gold Coast Airport. Located in close proximity to each other, these secure gated complexes offer ease of operation and a combined total of 185 townhouses, with 77 permanent rentals under management.

Together, the businesses generate a strong combined net profit of approximately $570,089 per annum, supported by a generous Body Corporate salary of $350,372, indexed to CPI. Both complexes operate under long-term standard module caretaking and letting agreements, providing the incoming operator with stability, minimal workload, and the flexibility to outsource tasks if desired. Duties are straightforward, including upkeep of common areas and gardens, supervision of pool maintenance, monitoring security, and coordinating contractors.

The impressive manager’s residence is a rare freestanding four-bedroom, two-bathroom home situated on its own block, complete with a double garage, private yard, and an on-title office. Its modern layout offers spacious living areas and exceptional privacy with no shared walls. There is no requirement to live on-site, allowing the incoming owner the choice to reside in comfort or generate additional rental income from the property.

Residents enjoy a wide range of well-maintained facilities, including a swimming pool, gym, sauna, BBQ area, and function room. Both complexes benefit from a strong mix of owner-occupiers and long-term tenants, ensuring ongoing demand and a stable letting pool.

This is a rare opportunity to acquire two thriving management rights businesses in a highly sought-after Tweed Heads South location, offering strong returns, a substantial residence, and the freedom to tailor operations to suit your lifestyle.

Business Summary

Business Snapshot

Price: $2.61M MR + $1.10M Unit = Total $3.71M Net Profit: $570,089 Remuneration / Body Corp Salary: $350,372

Managers Unit

Value of Managers Apartment: $1,100,000Bedrooms: 4Bathrooms: 2Car Spaces: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 185Total Units in Letting Pool: 77Owner Occupy Units: 101Outside Agent Units: 7Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Energy Features

  • Energy Rating: 5
Marketing Agent
Syd Douglas
Syd Douglas

Paul Mueller
Paul Mueller

Key Investment Insights

1. Rare opportunity to acquire two established permanent residential management rights businesses, with a combined total of 185 townhouses and 77 permanent rentals under management.
2. Strong combined net profit of approximately $570,089 per annum, supported by a generous Body Corporate salary of $350,372, indexed to CPI.
3. Long-term standard module caretaking and letting agreements provide stability and minimal workload for the incoming operator.
4. Impressive manager's residence, a rare freestanding four-bedroom, two-bathroom home with a double garage, private yard, and on-title office.
5. No requirement to live on-site, providing the option to reside in comfort or generate additional rental income from the property.
6. Well-maintained facilities, including a swimming pool, gym, sauna, BBQ area, and function room, for residents to enjoy.
7. Strong mix of owner-occupiers and long-term tenants, ensuring ongoing demand and a stable letting pool.
8. Highly sought-after location in Tweed Heads South, just 10 minutes from the Southern Gold Coast and Gold Coast Airport.
9. Freedom to tailor operations to suit the lifestyle of the incoming owner.
10. Total sale price of $3.71M, including $2.61M for the management rights and $1.10M for the unit.

Management Rights Multiplier: 4.58
ROI Estimate: 21.84%

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