Proudly supported by all of the industry's leading brokers
Iconic Kirra Mixed Letting High Performer | $500K+ Net Profit | Resort Brokers ID : MR009148
$3,900,000
Permanent Management Rights, Coolangatta QLD
Kirra Surf Apartments delivers an iconic beachfront management rights directly opposite world-famous Kirra Beach. This 91-apartment landmark complex generates net profit exceeding $500,000 annually, supported by a substantial $239,772 body corporate salary and an 18-unit letting pool with strong occupancy.
The business operates without set office hours, offering exceptional lifestyle flexibility whilst maintaining consistent financial performance. With 14 apartments currently managed by outside agents, immediate growth potential exists through consolidation of external appointments back into your pool, increasing commission revenue without additional capital outlay.
The operation includes a modern two-bedroom, two-bathroom manager's residence featuring a large outdoor grassed courtyard, plus spacious reception facilities and back office on title.
With 23 years remaining on agreements and CPI-linked salary increases, this hands-on opportunity suits operators or partnerships seeking proven returns, operational control, and long-term security in a tightly held premier beachfront location on the Southern Gold Coast.
Consistent performance driven by local tourism and repeat guests.
Immaculate resort-style facilities include a heated outdoor infinity pool, gymnasium, sauna and outdoor dining and barbecue areas.
Spacious reception, entry foyer and back office included on title.
Modern two-bedroom, two-bathroom manager’s residence with large outdoor grassed courtyard.
Hands-on operators or partnerships will maximise this opportunity.
Mixed letting business with upside via increasing tariffs and consolidation of external appointments.
No set office hours required, offering management flexibility.
Landmark beachfront property with management rights of an iconic 91-apartment complex.
Inspections by appointment only.
Date updated: 26 Mar 2026 22:00:02
More Information
- Total Purchase Price: $3,900,000
- Net Income: $ 516,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours