BRAND NEW HIGH QUALITY MIXED USE MANAGEMENT RIGHTS OVERLOOKING KIRRA BEACH

This is an opportunity to secure a uniquely positioned, brand new mid-rise apartment complex in a burgeoning coastal location. Located in the renowned surfing mecca of Kirra, surrounded by fantastic established and newly emerging amenity this new business-only management and letting rights will be highly coveted! Be quick to book an inspection.

  • Nearly completed construction - brand new business-only management rights in Kirra
  • Permanent & short-term letting permitted (some owners interested to join a short-term pool)
  • Nearing completion in Oct 2024 with new 25 year C&L Agreements 
  • Projected net profit of $168,239p.a.
  • Based on 15 units in the onsite letting pool (6 other owners to confirm)
  • No set office hours and no requirement to live onsite
  • Lobby / reception on ground level 
  • 12sqm freehold title office lot for manager - priced at $72,000
  • Body Corporate salary over $103,909 p.a. plus GST
  • Prime headland position overlooking the most iconic surf beach of the southern Gold Coast
  • Total of 46 stunning apartments, with 2-bed + MPR and 3-bedroom floorplans
  • Communal facilities including pool, cabanas, sauna, gym and yoga lawn
  • Private dining, kitchen and boardroom facility, plus outdoor seating areas
  • All inspection via appointment with agent only

 

Listing Ref MRB008362
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Gold Coast
Suburb COOLANGATTA
Net Profit $168,239 Projected
Price $787,000
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Tim Crooks

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Todd Warner
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