We are pleased to offer for sale the management rights and associated real estate of this wonderful property, located on the beach front at Rainbow Bay on the Southern Gold Coast.
The complex comprises 17 units in total over 8 stories, with 13 in the letting pool. There is an equal mix of 1 and 2 bedroom units and a 3 bedroom penthouse, making a perfect holiday complex that will catering for all demographics.
The managers residence is an excellent 2 levels, 2-bedroom 1.5-bathroom unit. There is a private courtyard off the open plan living/dining area on the ground level and a spacious balcony on the 1st level offering beautiful beach views.
The complex is located directly across from Snapper Rocks, one of the best surfing beaches on the Gold Coast. It is only a short stroll to enjoy cafes, restaurants, clubs and shops of Coolangatta and is less than 10 minutes’ drive to the airport.
This is a fantastic property for someone looking to start out in management rights or someone looking wind back and live in one of the best locations on the coast while earning a nice income.
Book an inspection today, you won’t be disappointed!