Tweed Heads, New South Wales

$1,634,400

Property Description

201 Unit Development Off The Plan, Stage Two just released | Resort Brokers ID : OTP006414

Opportunity for a couple to buy an Off The Plan Management Rights, get all the new letting fees, pay GST in lieu of stamp duty and develop this business to their high standards.



  • Stage One Completed. Stage Two due for completion end of August. Stage Three under construction.

  • Exceptional location just south of the Queensland border

  • Tweed Heads Coolangatta region growth from 2011 to 2036 is forecast to grow by around 51%.

  • 5 minute walk to the Coolangatta and Tweed dining and entertainment precincts

  • Close to stunning beaches & just a 50 minute drive to world heritage listed national parks.

  • The vacancy rate in this location is currently 0.7%

  • Property inspections are by appointment only

Date updated: 17 Nov 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,634,400 Net Profit: $247,522 Remuneration / Body Corp Salary: $201,000

Managers Unit

Value of Managers Apartment: $599,900Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 201Total Units in Letting Pool: 20Holiday Units: 20Agreement Term Remaining: 10 years

Marketing Agent


Marketing Agency

ResortBrokers

Paul Mueller
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

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

Similar Properties

TWEED HEADS
Business For Sale - Huge $300,000 Price...

$1,634,400
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: 1
Remuneration:

MR Sales
Business For Sale - Byron Bay Holiday Complex - ID 8202 BL
Exclusive

BYRON BAY
Business For Sale - Byron Bay Holiday...

$1,650,000
Net Income: $232,083
Managers Estate: $650,000 2 Bed 1 Bath
Letting Pool: 17
Remuneration: $29,593

MR Sales