Rainbow Bay

5/2-4 Coral Street

Sought after Rainbow Bay Unit

Well presented 2 bedroom unit that captures soothing views over Jack Evans Boat Harbour.

STAND OUT FEATURES;
- Fully furnished unit in the sought after Rainbow Bay
- Comprising of 2 good size bedrooms with built-in robes
- Practical bathroom with separate toilet
- Ceiling fans throughout
- Spacious balcony with views of Jack Evans Boat Harbour
- Recently renovated kitchen with modern appliances
- Off street parking
- Water views which will never be built out
- Currently part of the RBR Holiday letting pool with forward bookings and consistent returns

WHERE TO FROM;
- 5 minute walk to Twin Towns
- 6 minute walk to Greenmount Beach
- 8 minute walk to the nearest bus stop
- 11 minute walk to Tweed Mall Shopping Centre
- 8 minute drive to Gold Coast Airport

The finer details;
- Built in 1972
- Rates: $2,411 per annum (approx)
- 1013 sqm block zoned Medium Density Residential (R3) Zone
- Quiet block of 8 with low Body Corporate of approximately $63 per week
- Sinking Fund Balance $27,682

For the money makers;
Permanent Rental Projection: $340.00 - $360.00

Holiday Rental Tariffs
- Low Season $440.00 per week
- Holiday Season $650.00 per week
- Christmas $870.00 per week

Enjoy the lifestyle that Rainbow Bay has to offer as you are only a short stroll from Rainbow Bay & Duranbah beaches, surf club and Coolangatta's alfresco dining and cafe's

Sold for $499,000

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Property Features

  • Building Age
    1972
  • Body Corporate Fees
    $63 Weekly
  • Built In Robes
  • Total car spaces
    1

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