SubscribeContact

Exclusive

LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE

Generating a net operating profit of $374,696, this established permanent letting complex in the heart of Tweed Heads, NSW is anchored by an impressive by a CPI-indexed Body Corporate salary of approximately $197,000, providing a compelling balance of secure recurring income and profitability.

Generating a net operating profit of $374,696, this established permanent letting complex in the heart of Tweed Heads, NSW is anchored by an impressive by a CPI-indexed Body Corporate salary of approximately $197,000, providing a compelling balance of secure recurring income and profitability. Designed for lifestyle flexibility, this opportunity requires no set office hours and no obligation to reside onsite. The spacious 3-bedroom, 2-bathroom manager's residence can be occupied or alternatively rented for approximately $41,000 per annum, creating an attractive additional income stream. Operational efficiency is enhanced by contracted support, while easy-care grounds and a supportive Body Corporate committee ensure streamlined day-to-day management. With strong underlying income, low vacancy, further upside through additional lettings and unit sales, plus a competitive multiplier, this business delivers an outstanding combination of income strength, lifestyle appeal and growth potential.

Net profit
$375K
Asking price
$2.7M
Management Rights - All

The business at a glance.

  • Strong NOP of $374,696, including a generous Body Corporate salary of approximately $197,000+
  • Additional income potential of approximately $41,000 p.a. by renting out manager’s residence
  • Exceptional lifestyle flexibility with no set office hours and no requirement to reside onsite
  • Supportive owners and proactive committee, combined with easy-care grounds
  • Established permanent townhouse complex comprising 102 units, with 59 currently in the letting pool
  • Further upside through unit sales, providing an additional avenue to increase income
  • Strong rental demand supported by the highly sought-after suburb and fantastic onsite facilities
  • A compelling combination of strong income, lifestyle flexibility and future growth potential
  • Inspection by appointment only
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE

Tweed Heads, NSW

Tweed Heads, NSW

Talk to the broker.

Enquire about this property
Todd Warner

Todd Warner

Senior Specialist Accommodation Broker, Southern Gold Coast

0438 170 763
07 3878 3999

Contact

Enquire about this property.

Leave your details and Todd will be in touch about this property.

Your Details

Enquiry

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.

Request appraisal

Indicative total$2,697,811

Receive New Listing Alerts

By subscribing you agree with our Privacy Policy