Rainbow Bay Holiday Accommodation

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Rainbow Place Apartments Trip advisor excellence 2016

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Apartments For Sale

Apartments For Sale

APARTMENT #37 – RAINBOW PLACE
$865,000


GEARED FOR THE ASTUTE INVESTOR

Beautifully Renovated Apartment with due North Aspect

Upon entering into this glorious apartment you would find many features that are sure to impress & delight. With simply remarkable scenery this beachfront unit has views as far as the eye can see. That is why this apartment represents a tremendous buy for the savvy property investor. With over 90% of all apartments in Rainbow Place owned by investors for holiday rental this apartment is already producing excellent returns with occupancy at 88% and strong forward bookings. The apartment has been recently renovated and will continue to be a solid rental earner.
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Gross Rental Income – $60,805 April 2015 to March 2016
Body Corporate Levies – $7,780 p/a
Council Rates – $6,280 p/a

Main features of the apartment include:

  • Stylishly designed with quality fittings and fixtures throughout.
  • Single secure parking
  • Large main bedroom with ensuite & southern views over Tweed River.
  • Floor to ceiling tiles in bathroom
  • Open plan living that opens right out to the balcony.
  • Quality complex with pool, bbq & half tennis court
  • Directly opposite Rainbow Bay beaches, Park, BBQs & Surfclub
  • 7 minute drive to international Gold Coast airport

Rainbow Bay is very attractive to the holidaying public as a quiet little enclave to Coolangatta with coffee shops, restaurants cinemas and major shopping centres, walking/cycling pathways, surfing etc.

This is a truly unique apartment and arguably the best value two bedroom on the market.

General Features

  1. Property Type: Unit
  2. Bedrooms: 2
  3. Bathrooms: 2
  4. Building Size: 115.00 m² (12 squares) approx

Indoor Features

  1. Ensuite: 1
  2. Built-in Wardrobes

Outdoor Features

  1. Carport Spaces: 1

Other Features

  1. Beach Front,
  2. Car Parking – Basement,
  3. Close to Shops

JUST SOLD

APARTMENT 16 

APARTMENT 30 

APARTMENT 27 

APARTMENT 33


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