Positioned in one of Rainbow Bay's most tightly held and sought after locations, this two bedroom unit presents an outstanding opportunity to secure a foothold just moments from the sand.
Located one street back from the golden sands of Rainbow Bay Beach, the property is only minutes from the world famous Snapper Rocks, with Greenmount Beach, the Surf Club and Coolangatta Beach all at the end of the street. This is a true lifestyle address where location does the heavy lifting.
Property Highlights:
Two bedroom unit in an unbeatable coastal position
Currently tenanted until 1 May 2026,
Rental increase due in May, reflecting strong local demand
Owners willing to extend the lease for a further three months, offering flexibility to investors
Long term tenant in place who maintains the property immaculately
Unit was fully renovated in previous years and is well presented throughout
Investment & Future Potential:
This location continues to attract premium rental demand, with tenants willing to pay top dollar to live just moments from Rainbow Bay and Snapper Rocks.
The property is zoned High Density Residential (RD7) with an approximate height allowance of 38 metres, offering potential future development opportunities (subject to council approval).
Council rates $72 per week approx. and body corporate $70 pw approx. these are approximate figures only and detailed information supplied on sellers' disclosure form 2 supplied before going to contract
The property is being offered at Offers Over $790,000.
All offers must be submitted in writing on the prescribed form, available on request.
Inspections are by appointment only, as the property is currently tenanted.
Call James on 0407 659 615 to register your interest.
Properties in this location are tightly held and this opportunity will not last.
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