Real Estate Australia

$570K Net Profit with a Freestanding 4-Bedroom Manager’s Home a Rare Management Rights Opportunity
$4,230,000

Property Location: TWEED HEADS SOUTH - - NSW

Listing Id: eagle_1569903  

Description: A Premium Management Rights Opportunity in a Thriving Residential Complex Ras360 presents a highly desirable management rights opportunity in the heart of Tweed Heads South. This well-established and meticulously maintained permanent residential complex offers a stable income stream, an attractive caretaking agreement, and a beautiful freestanding 4-bedroom manager’s residence on its own block. ✔ Caretaking & Letting Business – Secure income with a long-term caretaking agreement in place, ensuring consistent revenue and minimal workload. ✔ Strong Letting Pool – 74 permanent rentals under management, with additional potential to grow. ✔ Solid Net Profit – The business generates a net profit of $570,778 per annum. ✔ Body Corporate Salary – $345,239 + GST per year, indexed to CPI, providing a secure baseline income. ✔ Minimal Office Hours – Flexible work arrangements with the ability to outsource tasks as required. Caretaking Agreement • Term: 10 years, ensuring long-term security. • Duties: Basic upkeep of common areas, gardens, pool maintenance supervision, security monitoring, and overseeing contractors. The Manager’s Residence: • A rare freestanding 4-bedroom home on its own block – a unique and valuable feature in management rights. • Modern layout with spacious living areas, a private yard, and no shared walls, providing exceptional privacy and comfort. • No office hours required, allowing flexibility in operations. The Complex at a Glance: • 185 units in total, with a strong proportion under management. • Well-maintained facilities, including a swimming pool, gym, sauna, BBQ area, and function room. • A thriving community of owner-occupiers and long-term tenants.

$570K Net Profit with a Freestanding 4-Bedroom Manager’s Home a Rare Management Rights Opportunity
$4,230,000

Contact RAAS PROPERTY GROUP Today!!!

Contact Syd Douglas
Phone 0427973537

Property ID:eagle_1569903