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Coolangatta QLD 4225
Sold on 21 Jun 2023

Coolangatta QLD 4225

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

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.

Property Code: 1073

Property Highlights

Date Sold21 Jun 2023
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018248846
Category
Last updated  28 Jun 2023
Map for Coolangatta QLD 4225

Property Highlights

Date Sold21 Jun 2023
Floor Area1 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018248846
Category
Last updated  28 Jun 2023
8 Croft Court Tugun QLD 4224

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