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

Glenn was always accessible by phone and returned calls promptly when he was not available. He always obtained answers to any questions that we had during all of the above processes.We would not hesitate to recommend Glenn to any potential client.

- V Galle and S Boughton OCEANS MOOLOOLABA

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments

I would like to commend Tyler Millar from Resort Brokers for looking after us in the sale of our Management Rights business at Pelican Beach Resort Noosa. From the time of introducing the purchaser to the time of settlement Tyler's communication skills in dealing with issues as they arose was amazing. He communicated with us, the purchaser, and our respective solicitors and thus facilitated the sale so that everything ran smoothly leading up to, and the day of settlement.

- Paul Grossman
Director,
Veerway Pty Ltd