Tweed Heads South, New South Wales

Under Contract / Offer

Property Description

Business For Sale - UNDER CONTRACT - ID 7931 BL

- NSW Management Rights For Sale
- No Stamp Duty to Pay on Business
- 131 lot gated estate with 72 in the letting pool
- 10 year NSW caretaking agreement and 25 year letting agreements
- Located in south Tweed, a strong rental area
- Complex was built in 2005
- Assets include: ute, tractor, ride on mower, golf buggy and various battery powered tools
- No set office hours
- Excellent committee and Owners Corporation
- Pet permitted with Owners Corporation approval
- Manager's residence is a four bedroom freestanding home on 760m of land
- This permanent complex is located in Tweed Heads South, a vibrant seaside destination by the Tweed River estuary and just 10 minutes from the QLD/NSW border.

Net Profit: $428,000
Asking Price: $2,795,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this NSW management rights business opportunity for sale contact:

Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $428,000 Remuneration / Body Corp Salary: $226,270Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $585,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Freestanding home on 760m² block of land, Ideal for a large family, 4 bedrooms, 2 bathrooms, Large open plan living area, Plenty of storage, Air conditioned, Ceiling fans, Double lock up garage, Room to store a boat or caravan, Fully enclosed outdoor entertaining area, The yard is fully enclosed and the complex is pet friendly.

Complex Information

Complex Type: PermanentTotal Units in Complex: 131Total Units in Letting Pool: 72Permanent Units: 72Owner Occupy Units: 49Outside Agent Units: 8Manager Units: 1Pool: YesSpa: YesGym: YesBBQ Area: Yes

Marketing Agent

Marketing Agency

MR Sales

Phil Trimble
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Tweed Heads South, New South Wales 2486 Exact map location not provided

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