7/2-4 Coral Street, Rainbow Bay QLD 4225

Opportunities to purchase these types of apartments are rare so don't delay as this listing won't last long. This solid 1st Floor apartment in a small block of only 8 overlooks Jack Evans Boat Harbour & Twin Town Park. Recently remodelled kitchen & bathroom recently painted throughout, this property will be offered fully furnished ready to be used as a holiday letting investment or weekender should you desire.

Stand out features;

- Comprising of 2 bedrooms both with built in robes
- Just a short walk to Coolangatta's beaches and café precinct, the Gold Coast airport and major shopping centres
- Centrally located unit ticks all the boxes for affordable investing
- Comprising of 2 good size bedrooms with built-in robes
- Ceiling fans throughout
- Spacious balcony with views of Jack Evans Boat Harbour
- Convenient kitchen with modern appliances
- Off street parking
- In a prime position for future development with a huge level block
- Water views which will never be built out
- Currently part of the Rainbow Bay Realty holiday pool it provides forward bookings and consistent returns
- 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


Where to from here;

- 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;

- 1013 sqm block zoned Medium Density Residential (R3) Zone
- Rates $2411.80 per annum
- Body Corporate $68 per week approximately
- Sinking Fund Balance $27,738

For the money makers;

Holiday Rental Tariffs

- Low Season $440 pw
- Holiday Season $640 pw
- Christmas $820 pw

Permanent Rental Projections

$390 - $400 per week

We would be delighted to arrange either see you at one of the scheduled open homes or arrange a personal viewing. Please feel free to contact either Belinda or Lenny to arrange a suitable time.