Proudly supported by all of the industry's leading brokers
Off The Plan Kirra Beach Completion April 2025
$355,000 - Business Only
Off The Plan Management Rights, COOLANGATTA QLD
Isla Kirra Beach, a 14-story building with a modern design, will soon house 37 high-end residential apartments for
permanent occupancy. This nearly sold-out premium building appeals to both investors and owner-occupiers
looking for quality in a desirable beachside location.
The exclusive Caretaking and Letting role is a prime opportunity for an established Gold Coast business operator or
a management couple/team eager to enter this profitable sector.
With construction on track, Isla Kirra Beach is expected to be completed by April 2025, allowing a shorter
settlement period for the new operator and sufficient time to build relationships with lot owners and set up efficient,
profitable management operations.
Situated in the prime location of Coolangatta, Isla Kirra Beach is a short walk from Coolangatta's lively village-style
center, home to trendy cafes, diverse restaurants and bars, boutique stores, and major grocery outlets. The building
boasts a coveted position with breathtaking views of Coolangatta's sparkling waters.
Designed for Coastal Living
The building caters to a relaxed coastal lifestyle, providing residents with a sophisticated abode. Each apartment
features private balconies that offer sea breezes or mountain vistas, ideal for hosting or relaxation. The interiors
boast spacious designs, stylish finishes, high-quality flooring, air conditioning, and top-notch kitchen amenities to
elevate the living experience.
The southern coast's growing popularity draws tenants looking for new apartments with secure parking in a prime
spot. For new managers, fresh 10-year Caretaking and Letting Agreements promise long-term growth opportunities,
backed by strong rental demand in the current market.
Isla Kirra Beach represents an outstanding business opportunity.
More Information
- Total Purchase Price: $355,000 - Business Only
- Net Income: $ 79,182
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours