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DealProspect/Listings/Hospitality & Tourism

Management Rights – Tweed Heads, NSW

Management Rights

ActiveHospitality & TourismNew South WalesB2B & B2C
Asking price
$2,680,000
Disclosed · AUD
Revenue (est.)
~$1,502,992
Estimated · comparable listings of this type and size
Net Profit
$374,696
Implied multiple
7.2×
asking / earnings

Brief

  • Management rights over a 102-unit permanent townhouse complex in Tweed Heads, with 59 units in the letting pool.
  • Includes a three-bedroom, two-bathroom manager's residence, with no requirement to reside onsite.
  • No set office hours, with a supportive body corporate committee and easy-care grounds.
  • Further upside available through unit sales within the complex.