Rainbow Bay, Queensland

Resort in popular holiday location, offering both lifestyle & income | Resort Brokers ID : MR008066

$1,672,000

Business Description

ResortBrokers presents the opportunity to acquire the management rights of the Rainbow Bay Resort, offering an enviable lifestyle and a profitable business venture in an extremely desirable holiday location, attracting a solid client base and plenty of repeat business

The residence boasts a huge private wrap-around backyard overlooking the ocean, complete with a court-yard along with two bedrooms and two bathrooms, perfect for a small family.

The manageable size of this complex makes it ideal for a solo operator or a two-person management team. Long-tenure agreements further contribute to this business' appeal along with a healthy $220k+ Net Profit which includes a solid BC salary circa $43k. The supportive and friendly Body Corporate further enhances the ease of operations.


- Manageable property size with 24-holiday units, 18 in the rental pool
- Medium rise building in a popular Southern Gold Coast location
- High-quality fully self-contained holiday units with large balconies providing ocean views
- Ground floor 2-bed, 2-bath manager's residence with private outdoor living
- Immaculately maintained building with dedicated office/reception
- Excellent facilities - heated pool, spa, sauna, showers/change rooms, undercover BBQ area
- Inspections are by appointment only
Date updated: 21 Jul 2024 23:00:08

Business Summary

Business Snapshot

Price: $1,672,000 Net Profit: $220,133

Managers Unit

Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 24Total Units in Letting Pool: 18Owner Occupy Units: 5Lockup Units: 1
Marketing Agent
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