Sold for $433,500
Sold for $433,5007/2-4 Coral Street, Rainbow Bay QLD 4225
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Property was sold on 6 November 2017.
Sold on 6 November 2017.
2 beds
1 bath
1 car
Apartment / Unit
1013m²
2
1
1
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Apartment / Unit
1013m²
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.