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
Net Profit: $247,522 Remuneration / Body Corp Salary: $201,000
Managers UnitValue of Managers Apartment: $599,900Bedrooms: 2Bathrooms: 2
Complex InformationComplex Type: PermanentTotal Units in Complex: 201Total Units in Letting Pool: 20Holiday Units: 20Agreement Term Remaining: 10 years