Business For Sale - Fabulous Rainbow Bay Management Rights - ID 7875 BL
Ever Popular Rainbow Bay
Rainbow Bay is located on the southern end of Coolangatta on the Gold Coast, Queensland.
Spectacular beaches and surfing breaks are on offer here along with the relaxed feel of a seaside community.
- Well presented three storey walk up of 36 units
- 19 in the letting pool, 18 x 2 bedroom and 1 x 3 bedroom
- Set in tropical surrounds, just 100 metres to the beach
- Strong family and repeat business
- Close to Twin Towns, surf clubs and restaurants of Tweed/Coolangatta
- Low garden & lawn maintenance
- Pools, spa, Foxtel, CCTV and BBQ facilities
- Long agreements and office on title
- Ideal first time holiday building
First time on the market in over seven years. Strong family resort in one of the nicest areas of the Gold Coast. The home of the Quicksilver and Roxy Pro surfing contests. Comfortable two bedroom, two bathroom air-conditioned residence.
Net Profit: $150,654
Asking Price: $1,170,000
(Inclusive of managers real estate)
For further information or to arrange an inspection on this management rights business opportunity contact:
Warren Oliver & Tony Johnson
Business SnapshotPrice: $1,170,000Net Profit: $150,000
Managers UnitValue of Managers Apartment: $450,000Bedrooms: 2Car Spaces: 1Pets OK: No
Complex InformationTotal Letting Pool: 19Agreement Module: AccommodationAgreement Term: 25 years