Unique and Irreplaceable - Rainbow Sea Resort
Unique and Irreplaceable - Rainbow Sea Resort
Unique and Irreplaceable - Rainbow Sea Resort
Unique and Irreplaceable - Rainbow Sea Resort
Unique and Irreplaceable - Rainbow Sea Resort
Unique and Irreplaceable - Rainbow Sea Resort

Unique and Irreplaceable - Rainbow Sea Resort

$1,202,802

Rainbow Sea is a self rated 4.5 star resort featuring 15 luxury units which are a mixture of two and three bedroom. They all have two bathrooms with two of the larger three bedroom units having three bathrooms, some apartments even have roof top terraces. Located in the prime position in town, overlooking the stunning Rainbow Beach.

Key Features

  • Agreements currently being topped up to 20 years
  • Massive opportunity for further growth
  • Stunning modern 3 bedroom apartment with ocean views
  • $42k Body Corporate Salary (includes agreement with adjoining complex)
  • The management rights are currently owned by the vendors who also own and operate the Rainbow Sea complex in Rainbow Beach which will either be offered in tandem with Fraser Island Beach houses or separately.
  • Rainbow Beach is fast becoming known as a fantastic wedding destination with its perfect climate all year round, spectacular scenery and easy to access ceremony locations and function facilities.
  • The complex has a stunning wet edge pool overlooking the ocean.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004811
Property Type: Management Rights
Region: QLD - Sunshine Coast
Suburb: Rainbow Beach
Sale Type: Management Rights - All
Net Profit: $147,883
Price: $1,202,802

Listing Agent(s)

Agent Feedback

Having had two previous contracts collapse through another agency, we were extremely relieved to deal with Glenn Millar of Resort Brokers. I would strongly recommend him to anyone who is in the market for buying or selling.

- Laraine & Col Fields
Previous Vendors,
Emerald Village Apartments

I’ve been in the Management Rights business for 15 years and have only used Resort Brokers for transactions. Almost a decade ago Glenn Millar successfully managed my sale of Oceans Mooloolaba. Five years ago I bought The Rise Noosa through Glenn and also sold it through him recently. As always Glenn has been totally professional, is well respected and knows the industry like few others. My Company also recently acquired Peppers Hervey Bay (now known as Oceans Resort & Spa Hervey Bay). This was a particularly complex transaction but, again, Glenn handled his part most effectively.

- Gary Rice
Chairman,
Oceans Resort & Spa, Hervey Bay

We herewith certify that we appointed Glenn as our agent to sell our management rights business at On the Beach Noosa as we found him to be professional when he approached us for the listing. Glen produced a buyer within one week, he achieved our asking price and kept in constant contact throughout the sale period. We would have no hesitation in dealing with Glenn in the future and would recommend him to any seller/buyer.

- Ann & John Bennett
Vendor,
On the Beach Noosa