Tweed Heads, New South Wales

$1,577,000

Property Description

All Units Titled and Tenants Have Moved In Price Reduced, Must Sell. | 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: 16 Apr 2021 13:00:08

Property Summary

Business Snapshot

Price: $1,577,000 Net Profit: $220,000 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

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