Coolangatta, Queensland
Off The Plan Kirra Beach Completion April 2025
$355,000 - Business Only
Business Description
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.
Business Summary
Business Snapshot
Price: $355,000 - Business Only
Net Profit: $79,182 Remuneration / Body Corp Salary: $57,350
Complex Information
Complex Type: Off The PlanTotal Units in Complex: 37Total Units in Letting Pool: 6Owner Occupy Units: 31Agreement Term: 10 years
Key Investment Insights
1. Isla Kirra Beach is a 14-story building with 37 high-end residential apartments, catering to both investors and owner-occupiers.
2. The building is expected to be completed by April 2025, allowing for a shorter settlement period for the new operator.
3. The location of Isla Kirra Beach in Coolangatta is highly desirable, with easy access to trendy cafes, restaurants, bars, and boutique stores.
4. Each apartment features private balconies, spacious designs, and high-quality finishes, making it ideal for coastal living.
5. The building has strong rental demand, offering long-term growth opportunities for the new managers.
6. The business is being sold for $355,000 and has a net profit of $79,182, with a remuneration/body corp salary of $57,350.
7. The complex is an off-the-plan development with a 10-year agreement term.
8. There are currently 6 units in the letting pool and 31 owner-occupy units.
9. This is an outstanding business opportunity for an established Gold Coast business operator or a management couple/team.
