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 is an effective communicator and follows through queries from both vendors and purchasers promptly. His effective techniques for selling Management Rights have become clear to us both as purchasers and vendors, and he does not allow an opportunity to be missed.

- June and Karl Teller RESIDENT MANAGERS

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

Thanks for all your help this year Glenn, very excited about the potential of our new acquisition. Regards to all your family and workmates.

- Jenni and Rob
Buyer,
Pandanus Mooloolaba