1/9 Eden Avenue, Rainbow Bay QLD 4225

Nestled away on Eden Avenue, Rainbow Bay you will find 'Beach Haven'. Situated on 425m2, are two Townhouses all 3 bedroom, 3 bathrooms with ocean glimpses of Rainbow Bay Beach from all balconies.

Rainbow Bay is a highly sought after place to reside with arguably some of the finest surfing breaks in Australia. The beauty of 'Beach Haven' is the endless opportunity it offers to the astute investor or developer.

Under both properties you will find lock up garages with convenient internal access and plenty of storage, ideal come the festive times of year throughout the Bay.

Both Townhouses are on separate strata and have a rental return estimate of $625-$675/property equating to over $66k p.a. Unit 1 is currently leased until August at $625/week. Unit 2 has deliberately been left vacant to enable easy access at all times. We believe in todays rental market you should see a return of $650-$675/week for unit 2.

Take a closer look at the potential for this rare coastal site. Opportunities like this don't come along everyday.

TOWNHOUSE 1 (closest to Eden Avenue)
3 bed, 3 bath, double lock up

TOWNHOUSE 2
3 bed, 2 bath, 1 car