Management Rights - Tweed Heads, NSW

Tweed Heads, NSW

$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
Financial Overview

Body Corp Salary:
204000
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
$0
Manager's Unit Price:
$549,900
Management Rights Price:
$1,705,100
Letting Business

Est. Year Built: 2018
Total Units In Complex: 201


Inside Letting Pool

Permanent: N/A
Holiday: N/A
Corporate: N/A
Total: N/A

Outside Letting Pool

Lock Up: N/A
Outside Agents: N/A
Self Managed: N/A
Owner Occpd: N/A
Total: N/A

Number & Type In Letting Pool
Number Type Features
Bed
Bed
Bed
Tariffs

Booking Type Details
Permanent
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 2 Bathroom
Office Reception: yes
Office Software:
Office Hours: yes 8.30 - 5pm
Storage: yes
Office Computer:
Module: Standard
Agreement Term: 10
Years To Run: 10
Manager's Unit Description: level 2

Facilities

Pool: Yes
Spa: No
Gym: No
Tennis Court: No
Sauna: No
Foxtel: No
Cable Installed: No
Pets Allowed: No
Barbeque Area: No
Wireless: No

Other Facilities:

Property Agent

Christopher Jones

Christopher Jones

Phone: 0416084693
Office: 1300 282 370

Email Listing Agent

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