Rainbow Bay, Queensland

Management Rights $1,095,000

Property Description

Gold Coast Management Rights by Rainbow Bay - 1P2783MR

Superbly located, this sheltered and quiet oasis is only 5 minutes' stroll to the beautiful Rainbow Bay, Coolangatta Beach, shops, cafes and restaurants.

* Very popular holiday destination with a total of 36 Apartments.
* Solid support from repeat guests.
* Long term agreements with 21 years to run. Supportive Body Corporate.
* No Set Office Hours in agreements.
* An attractive complex with a sunny central pool / entertainment area.
* Well presented 2 Bed / 2 Bath Manager's unit with spacious outdoor area. Secure tandem car park / storage. Adjoining Office on Title.
* After 10 years the current managers are ready to move on and are motivated to sell, all reasonable offers will be considered.
* Net Profit - $150,000

Manager's Lot - $450,000
Business - $645,000
Total - $1,095,000

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Other Features / Notes


Marketing Agent

Marketing Agency

CRE Brokers

Jim Lowe
CRE Brokers


Listing Tools

Property Map

Map Location ( get directions )

Rainbow Bay, Queensland 4225 Exact map location not provided

Similar Properties