Key Investment Insights
AI generated. Confirm details with the seller.
1. Prime Kirra beachfront location, steps to shoreline, café precinct and Kirra Village dining, high lifestyle and appeal.
2. Building only two years old, contemporary coastal architecture, designed for longevity and low maintenance.
3. True caretaking-only business, no letting pool and no letting agreements, minimal administration and zero tenancy obligations.
4. Secured 10-year caretaking agreement under the Standard Module, providing long-term income stability.
5. Body corporate salary/remuneration $60,000, indexed annually to CPI, matching the listed net profit.
6. Asking price $270,000 Business Only, with reported net profit $60,000, offering a straightforward ROI profile.
7. Low-intensity duties covering common area cleaning, pool and spa maintenance, gardens and bin presentation, and light supervision of building standards.
8. Operable by an individual or couple with flexible hours, suitable for lifestyle buyers or part-time managers.
9. No office or real estate ownership obligations, reducing entry costs and operational complexity.
10. Permanent 30-unit complex, fully owner-occupied, indicating stable resident profile and lower turnover.
11. Well-proportioned common areas including pool, easily maintained landscaping, and secure basement parking; manager’s unit allocated one car space.