Rainbow Bay, Queensland


Property Description

Beach side life style business with upside | Resort Brokers ID : MR006164

A true surfer’s paradise, perched perfectly upon Rainbow Bay hill, this business screams “blue sky”. Growth, lifestyle and a large 3-bed manager’s unit with ocean views. So much to like!

  • 21 years left on the accommodation module

  • No set office hours - work/life balance is up to you

  • Loads of upside via 10 lock-ups & 8 outside agents + occupancy rates

  • New lifts & freshly painted interior & exterior of the building

  • Highly desirable beach location that caters for families, surf tourism & much more

  • Property inspections are by appointment only

Date updated: 27 Mar 2020 23:00:07

Property Summary

Business Snapshot

Price: $1,420,000 Net Profit: $138,094 Remuneration / Body Corp Salary: $60,780

Managers Unit

Value of Managers Apartment: $775,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 33Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 4Outside Agent Units: 8Lockup Units: 10Agreement Term Remaining: 21 years

Marketing Agent

Marketing Agency


Todd Warner


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Property Map

Map Location ( get directions )

Rainbow Bay, Queensland 4225 Exact map location not provided

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