Coolangatta QLD 4225

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!

Property Code: 1314