Tweed Heads, New South Wales

$3,583,000

Property Description

LARGE HOLIDAY / CORPORATE COMPLEX

Large Holiday / Corporate Complex
400 Metres to Coolangatta Beach

- Over $200,000 caretaking salary
- 52 units in the rental pool
- Managers unit and offices on title
- Large function centre attached and on title (poorly run currently)
- Facilities onsite include pool, BBQ area and separately managed gym
- 2 minute walk to Twin Towns Services Club, restaurants and shopping
- Choice of 3 beaches within walking distance
- Potential to increase revenue – ask me how
- Experienced staff in place if needed

Net Profit: $530,000
Asking Price: $3,583,000
(inclusive of managers real estate)

For further information on this NSW North Coast management rights opportunity contact:

Tony Johnson
0433 335 679
tonyjohnson@mrsales.com.au

Property Summary

Business Snapshot

Price: $3,583,000 Net Profit: $578,360 Remuneration / Body Corp Salary: $205,820Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $960,000Bedrooms: 2Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: No
Air conditioned apartment

Complex Information

Complex Type: HolidayTotal Units in Complex: 160Total Units in Letting Pool: 52Holiday Units: 46Permanent Units: 6Owner Occupy Units: 99Outside Agent Units: 6Lockup Units: 3Manager Units: 33Pool: YesGym: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

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Property Map

Map Location ( get directions )

Tweed Heads, New South Wales 2485 Exact map location not provided

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$3,583,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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