Coolangatta, Queensland

Caretaking Only with New 10 year Agreements

$245k Business Only

Business Description

A contemporary Permanent Business Only Residential Complex perfectly positioned in the heart of Kirra, one of the Gold Coast's most prestigious and tightly held beachfront enclaves. Completed only two years ago, the building embodies modern coastal architecture, combining sophistication with effortless functionality. Its enviable location places residents mere steps from the shoreline, surrounded by Kirra's vibrant café culture, boutique retail, and the renowned Kirra Village dining precinct. Few opportunities on the southern Gold Coast offer such an ideal balance of luxury, simplicity, and lifestyle appeal.
This is a true caretaking-only business, purpose-built for ease of management and long-term stability. There is no letting pool and no letting agreement in place, ensuring a streamlined operation with minimal administration and zero tenancy obligations. Operating under the Standard Module, the business is secured by a 10-year caretaking agreement supported by a current body corporate salary of $60,000, indexed annually to CPI. Duties are straightforward and typical of boutique residential schemes of this scale, encompassing the general cleaning of common areas, pool and spa maintenance, garden and bin presentation, and light supervision of building standards. The result is a reliable, low-intensity business that can be efficiently managed by an individual or couple with flexible working hours.
Importantly, there are no office requirements or real estate ownership obligations, substantially lowering entry costs and reducing operational complexity. This makes the Kirra opportunity one of the most accessible management rights offerings currently available within the southern Gold Coast corridor. The simplicity of the caretaking structure allows an incoming operator to enjoy stable, predictable income without the demands usually associated with a letting business. For experienced managers seeking to complement an existing portfolio, or newcomers pursuing a lifestyle-aligned venture, this Kirra address presents a premium yet approachable opportunity.
The common areas are well proportioned and easy to maintain, featuring a pool, easily maintainable landscaped surrounds, and secure basement parking for residents. Every aspect of the building's presentation reinforces its standing as a quality residential address crafted for longevity, comfort, and enduring appeal.

Business Summary

Business Snapshot

Price: $245k Business Only Net Profit: $60,000 Remuneration / Body Corp Salary: $60,000

Managers Unit

Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Owner Occupy Units: 30Agreement Term: 10 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price of $245,000 for a business only opportunity with reported net profit of $60,000.
2. New 10 year caretaking agreement provides contractual stability, with annual body corporate remuneration of $60,000 indexed to CPI.
3. Caretaking only operation has no letting pool, letting agreement or tenancy obligations, keeping administration straightforward.
4. No office requirements or real estate ownership obligations reduce entry costs and operational complexity.
5. Straightforward duties and flexible working hours suit management by an individual or couple.
6. Central Kirra location places the complex steps from the beach, cafés, boutique retail and Kirra Village dining.
7. Contemporary building completed only two years ago comprises 30 permanent residential units, all owner occupied.
8. Well proportioned common areas include a pool, spa, easily maintained landscaped surrounds and secure basement parking.
9. Simple caretaking structure offers experienced managers an opportunity to complement an existing portfolio.