Kiama’s Hidden Gem: Rare MLR with $175K Net Profit

ResortBrokers is excited to present Terralong Terrace Apartments — a rare coastal management rights opportunity in the heart of Kiama.

With 17 apartments (16 in the letting pool), this business delivers a strong net profit of $175,893 and a secure body corporate salary, all wrapped up in an easy-to-run package. Think no set office hours, just twenty hours of caretaking a week, and a simple key lock box system keeping things stress-free.

The spacious manager’s unit adds another layer of flexibility — live onsite and soak up the coastal lifestyle, or add it back into the pool for extra income. Just steps from Kiama’s beaches, boutique cafés, and famous attractions, this is a tightly held, high-performing business in one of the South Coast’s most desirable destinations.