Tweed Heads, New South Wales

$2,255,000

Property Description

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
Business $1,705,100
TOTAL PRICE $2,255,000 M

Call Kerrie Lush on 0416 084 693
kerrie@raas.com.au

Property Summary

Business Snapshot

Price: $2,255,000 Remuneration / Body Corp Salary: $204,000

Managers Unit

Value of Managers Apartment: $549,900Bedrooms: 2

Complex Information

Complex Type: ResortTotal Units in Complex: 201Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

RAAS Group

Christopher Jones
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

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

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