Just Listed

ICONIC HOLIDAY COMPLEX - RAINBOW BAY - $677K NET

 

Outstanding beachfront business opportunity exists for new owners of this iconic complex in Rainbow Bay. The property is located in what is fast becoming one of the premier holiday destinations in Queensland. Apartments are spacious, north facing, 2-bedroom and 3-bedroom with breath-taking ocean views all the way to Surfers Paradise and with world famous Snapper Rocks surf break at the doorstep. 

The building consists of a total of 52 apartments, 41 of which are in the letting pool. Over the past 2 years, a number of units have been refurbished and the complex presents beautifully. The new managers will appreciate the benefits of the hard work already done. 

This is the perfect business, with high net profit, excellent systems in place, no set office hours and long agreements. The complex enjoys outstanding repeat business with a fantastic percentage of direct bookings.

All this and a beautiful modern 2- level 2-bedroom managers apartment with ocean views, a deck and courtyard space for entertaining. 

  • High Net Profit $677,000
  • One of the best locations on the Gold Coast
  • Unique 15 Year Agreement Fully Topped Up
  • No Set Office Hours
  • Strong Repeat Business
  • Recently Renovated Holiday Units
  • 2 Level Manager's Apartment with Ocean Views

This complex is a must to inspect, call now to arrange a time!  

 

Suburb Coolangatta
Price $5,500,000
Property Type Business
Property ID 1313
Category Accommodation/Tourism

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Agent Details

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Scott Saunders

0432 144 822
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What our clients say

Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett

We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

Chris and Julie Mitchelson

David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

Ray & Louise Thom Pete & Kath Logan