Kirra Surf Apartments presents a rare opportunity to acquire management rights to an iconic 91-apartment beachfront complex, positioned directly opposite world-famous Kirra Beach on the Southern Gold Coast.
Generating net profit of $500,000 per annum, the business is underpinned by a substantial $239,772 body corporate salary and an established mixed letting pool, supported by strong occupancy and consistent demand from tourism and repeat guests.
Best of all, the business offers an enviable combination of strong ROI and lifestyle flexibility, with no set office hours required.
There is genuine growth potential for an incoming operator, with 14 apartments currently managed by external agents. Bringing these appointments back into the onsite letting pool provides a clear pathway to increase revenue. Further upside exists through tariff optimisation and revenue growth now that some significant facilities upgrades have been completed.
With its unbeatable beachfront location, substantial remuneration, long-term agreements and multiple avenues for growth, Kirra Surf offers an exceptional management rights business for operators seeking strong established earnings, lifestyle flexibility and long-term security.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au
