$1,675,000

Nestled on the Southern Gold Coast, overlooking one of the world's premier surfing beaches, this rare north-facing location is a favorite holiday spot for families and surfing enthusiasts alike. The Gold Coast's enviable climate and frequent surfing events at Rainbow Bay ensure consistently high occupancy rates, with a large portion of guests returning year after year. This well-managed business features 24 units, with 18 available for rentals and an established cleaning staff.

The majority of units boast high-quality finishes, generous sizes, and stunning bay views. The building is impeccably maintained, offering amenities such as an exclusive office/reception area, swimming pool, spa, and ample storage for surf equipment—reflecting its close ties to the surfing community. Collaborative management rights operators foster a supportive and sociable environment, promoting Rainbow Bay together.

Prospective managers will receive comprehensive training from the outgoing team. The manager's residence is a bright, airy unit with a sprawling, private yard—perfect for families or pet owners seeking a coastal lifestyle change. This unique property must be seen to fully appreciate its appeal!

- Net Profit: $199k
- Business Price: $800k @ 4.01x
- Unit Price: $875k
- Total Price: $1.675M
- 19 years remaining on Accommodation module

** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **