Located on the Southern Gold Coast and overlooking one of the greatest surfing beaches of the world. This rare north facing beach is an extremely popular holiday destination for both families and surfing enthusiasts alike. The Gold Coasts enviable weather and Rainbow Bays regular surfing events ensures an excellent occupancy rate with a very high percentage of that repeat business. The business is a very manageable size with only 24 units in the building and 18 of these in the rental pool. Established cleaning staff are employed. The majority of the units are finished to a high standard, all are generous in size and have outstanding water views over the Bay. The building is well maintained with exclusive use office/reception, swimming pool and spa. Ample storage areas for surf equipment recognizes the close relationship this building has with the surfing fraternity. Supportive and friendly community of like minded management rights operators socialize and promote Rainbow Bay together. Full training is offered by outgoing managers. Very difficult to describe just how good this business is and inspection is a must for those considering a sea and lifestyle change! Net profit $220+K, Unit $875K, Management Rights $800K Total Price $1,675,000.
The unit is bright and breezy with a wrap around yard. The yard is huge and very private. Perfect for children or dogs. Its a beautiful unit, very rare to have such a huge back yard.
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Kerrie Lush 0416 084 693
