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OUTSTANDING HIGH NET PROFIT HOLIDAY COMPLEX - STUNNING RAINBOW BAY

This Complex is located in arguably the one of the best positions on the Southern Gold Coast. With spacious, north facing, 2-bedroom ensuite fully self-contained apartments all with breath-taking ocean views and with world famous Snapper Rocks surf break at the doorstep.

The building consists of a total of 32 apartments, 24 of which are in the letting pool. Over the past 7 years, the building has undergone a number of upgrading projects and the complex presents beautifully. The new managers will appreciate the benefits of the hard work already done.

Bayview represents 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 45% of rooms already booked for 2023.

All this and a beautiful modern 2-bedroom managers apartment with an outstanding outdoor space for entertaining.

  • 22 years remaining on agreements 
  • No set office hours
  • Amazing location
  • Building presents beautifully with a pro-active Body Corp
  • Excellent modern 2 bedroom, 2 bathroom apartment with ocean views.
  • 45% forward bookings for 2023
  • Outstanding buying  
  • Net profit $464,000

Call now to book an inspection you will not be disappointed.

Suburb Coolangatta
Price SOLD
Property Type Business
Property ID 1072
Category Accommodation/Tourism

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Agent Details

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Scott Saunders

0432 144 822
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What our clients say

Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett

We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

Chris and Julie Mitchelson

David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

Ray & Louise Thom Pete & Kath Logan