Off the Plan Opportunity in Tweed Heads
This stunning stage 1, 2 and 3 High rise Management Rights in the beautiful Tweed Heads is for sale. 201 units in total on completion and 4 commercial lots. Stage one will be completed in March which has the managers 2 bedroom 2 bathroom in it and a further 50 Units. The office is situated on ground level. BC salary of 204K and high projected net for the letting side of all 3 stages.
Stages 2 and 3 will offer a further 149 apartments and all are offered with the usual claw back provisions.
This is a rare opportunity to secure an outstanding business and will suit experienced operators.
Managers Res $549,900
TOTAL PRICE $2,255,000 M
Call Kerrie Lush on 0416 084 693
Remuneration / Body Corp Salary: $204,000
Managers UnitValue of Managers Apartment: $549,900Bedrooms: 2
Complex InformationComplex Type: ResortTotal Units in Complex: 201Agreement Term: 10 yearsAgreement Term Remaining: 10 years