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Kirra Beach Business Caretaking- Only, 3.5Ã multiple, no onsite living required.
$395K - Business Only
Permanent Management Rights, COOLANGATTA QLD
This boutique residential complex sits just two streets back from the rolling surf at Kirra. A recently topped-up Standard Module agreement pays over eighty-four thousand dollars a year, indexed to CPI, for a workload that amounts to light garden maintenance, pool balance checks, and a quick weekly sweep of common areas. There is no letting pool to manage, no requirement to live onsite, and no fixed office hours, giving the incoming operator genuine freedom to fit duties around family or other work.
The complex contains approximately thirty modern apartments, all owned by long-term residents who value a quiet, low-maintenance lifestyle.
Location is the trump card, with residents stepping out to Kirras caf strip, world-class surf breaks, and the upgraded foreshore promenade. Gold Coast Airport is five minutes away, and the M1 provides quick access to Brisbane and Byron Bay. Ongoing infrastructure investment, including the southern extension of the light rail and the airport terminal upgrade, continues to lift demand and property values across the southern beaches corridor.
Priced at about three and a half times the guaranteed salary, the business delivers an estimated twenty-eight percent return on capital invested, placing it among the highest yields in the caretaking-only space. The minimal workload, predictable income, and premium postcode make this an ideal opportunity for semi-retirees seeking secure lifestyle earnings or first-time operators wanting a stress-free entry into management rights.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $395K - Business Only
- Net Income: $ 84,381
(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