• The Bay Apartments
  • The Bay Apartments
  • The Bay Apartments
  • The Bay Apartments
  • The Bay Apartments
  • The Bay Apartments
Beautiful Rainbow Bay

Come and live in the beautiful Rainbow Bay with a short 2 minute walk to the beach (one block) from your very own 2 bedroom/2 bathroom apartment. Or the option to live off site is available. Put a caretaker in or a friend. This business would be perfect to put your older children in to live and you live off site and just come to work everyday. No Office hours so just come when there is work to be done and people to check in.
This successful and "steady" complex has an income of just over $196K. Repeat guests and the biggest 6 months they have ever had, it seems everyone wants to stay in Rainbow Bay. Walking distance to cafes and Coolie and Point danger. Rainbow Bay has a sense of community and all managers get together and help each other out. Lots of repeat guests and new, it has a very steady flowing income.
Current Managers are selling needing the flexibility to travel back and forth to NZ. The complex is set in a quiet little community in the heart of Rainbow Bay. No office hours required. They have a huge 6 months and it continues to be booked out. Priced at a 3.8 Multiplier $1432M
Come and check it out !! Kerrie Lush 0416 084 693 or email kerrie@raas.com.au
Unit is still undervalued and Rainbow is expected to increase in value.

Kerrie Lush
Kerrie Lush
Robert Collins
Robert Collins