Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net profit of $252,934 against an asking price of $1,100,000.
2. Business only acquisition with no real estate purchase required, reducing the capital commitment compared with buying a managers unit.
3. No requirement to live onsite and no set office hours provide operational and lifestyle flexibility.
4. Suitable for a single operator or two part time operators.
5. Prime beachfront location in Kirra on the southern Gold Coast, supported by strong and consistent holiday accommodation demand.
6. Local surf, beaches and vibrant dining strengthen the complex’s tourism appeal.
7. Holiday complex comprises 33 units, with 12 units in the letting pool.
8. Accommodation module agreement has 15 years remaining on a 25 year term.
9. Body corporate salary is reviewed annually against CPI.
10. Complex amenities include a pool, BBQ area and WiFi, with an exclusive use office.