Sweeping Ocean Views
A highly sought-after, boutique complex perched at the highest point in Rainbow Beach featuring unmatched views of the bushland and magnificent ocean.
Ideally located to take advantage of the regions’ plethora of natural attractions, this property provides the perfect entry-level opportunity for a management couple/team offering easy caretaking duties and a secure body corporate salary.
This outstanding property offers spacious, upmarket accommodation and is well-positioned to take advantage of the rapidly expanding region and inbound tourism market.
Net Profit: $177,000 Remuneration / Body Corp Salary: $32,134Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $695,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
The manager’s unit is unusually spacious and features three large bedrooms and two bathrooms. Tiled throughout the living zones, it is fully air-conditioned and includes a large alfresco dining area overlooking landscaped tropical gardens and a magnificent seascape.
Complex InformationComplex Type: HolidayTotal Units in Complex: 15Total Units in Letting Pool: 10Holiday Units: 10Owner Occupy Units: 1Lockup Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesPay TV: YesWIFI: Yes