High Net Permanent Management Rights â Dual Complex Opportunity in Tweed Heads - ID 9209

$3,755,000

Permanent management rights, Tweed Heads South NSW

Permanent Management Rights For Sale
Priced to Sell | 15% ROI Including Manager's Residence

This is a rare opportunity to acquire in the Tweed Heads area, one of the most desirable and in demand rental regions on the NSW/QLD border. With a combined net profit exceeding $550,000, this business delivers exceptional returns and offers a solid investment with strong lifestyle appeal

Importantly, this dual-complex setup only requires the purchase of one managers residence, significantly reducing the capital outlay usually associated with multi-complex operations.

Business Highlights:

- Two Permanent Letting Complexes operated together as one business
- Combined Net Profit of $568,053 per annum
- Only One Managers Residence to Buy A spacious 4-bedroom, stand-alone home with its own private, enclosed yard
- Includes $20,000 in part-time gardener expenses, making day-to-day management easier
- No Set Office Hours Enjoy a flexible schedule with autonomy over your time
- Prime Location Close from shopping centres, popular clubs, great schools, beaches, and the Gold Coast Airport
- High Rental Demand Area Steady occupancy with quality long-term tenants
- Easy to manage with great systems in place perfect for first-time operators or experienced managers

Whether you're seeking a family-run business, a partnership opportunity, or a profitable semi-retirement plan, this dual-complex setup offers the perfect blend of lifestyle and income. The generously sized 4-bedroom residence is ideal for families, with space for children, pets, or even a home office. The private yard enhances the appeal for those looking to settle in a peaceful, community-focused environment.

This is a standout opportunity for those looking to enter or expand in the Management Rights industry. With just one residence to manage two profitable complexes, youll benefit from reduced overheads and streamlined operations. The motivated vendor has priced this package to sell, making it an excellent time to act.

Net Profit: $568,053
Asking Price: $3,755,000
(Inclusive of Manager's Real Estate)

More Information

Financial Overview

Total Purchase Price: $3,755,000
Net Income: $ 568,053 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,110,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.7
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 72
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 104
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 9
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 185
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 320,372
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 0 years
_{How long is the caretaking contract.}

Agreement Remaining: 0 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Two complexes combined - Swimming pools two, Spa, BBQ, Gym, Plenty of storage, CCTV, Function Room

Real Estate Component

Manager's Unit: 0 0

Included Real Estate: $ 1,110,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 0

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: The managerâs residence is a free standing home on and 760mÂ² block of land. It is ideal for a large family as there are 4 bedrooms, 2 bathrooms, a large open plan living area and plenty of storage. The residence is air conditioned, there are ceiling fans throughout, a double lock up garage and room to store a boat or caravan. There is also a large fully enclosed outdoor entertaining area accessible form the living area. The yard is fully enclosed and the complex pet friendly.