OFF MARKET

2/7-9 Spectrum Avenue
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
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Last updated 11 Nov 2024
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Property Details for 2/7-9 Spectrum Ave, Rainbow Beach

2/7-9 Spectrum Ave, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 144m2.

Building Type
Unit
Year Built
2006
Floor Size
144m2
Local Government
Gympie Regional

Last Listing description (August 2020)

If you are looking for an investment property that earns a decent income then look no further this is definitely one of the best income earning properties we currently have on our books.Currently utilized as a very popular holiday rental, this tastefully decorated double storey townhouse is located in the heart of Rainbow Beach right behind the main street. Upstairs you will find an open plan kitchen/dining and living area which opens onto the large balcony via stacker doors. There is a large blinds which can be pulled down to enclose the balcony which offers more privacy whilst making it ideal for those balmy summer evenings. The main bedroom and en-suite are also located upstairs. All the upstairs area has high ceilings and is very light and bright.Downstairs is another spacious living area with 2 large bedrooms, bathroom with separate toilet and fully equipped laundry.Features include:* 3 Bedrooms all with built-in wardrobes (2 Queens, 2 Singles)* 2 Bathrooms* 2 Living Areas (both with digital TVs and a DVD player)* Gourmet Kitchen with dishwasher and microwave* Reverse Cycle Air-Conditioning (both upstairs downstairs)* Ceiling Fans throughout* Large Balcony overlooking swimming pool* Laundry with washing machine and dryer* Internal storage room* Private Rear Courtyard with gas BBQ* Carport* 12 Metre Swimming Pool in complex* 2 visitor parks in the complexWith 2 living areas and 2 bathrooms this property is as big as a lot of houses in Rainbow and you cannot beat the location! Just a minutes walk to patrolled beach, shops, hotel, clubs, cafes, children's park area and lots more you or your guests can park the car and forget about driving anywhere.In a well maintained block of only 5 townhouses this townhouse offers very reasonable body corporate fees with the added bonus of being pet friendly to owners.Although reluctant to sell, the owner is ready and therefore has priced this to sell today. It is to be sold fully furnished so there is nothing to do keep it in the holiday rental pool and sit back and enjoy the income! With thousands of dollars in forward bookings already in place you really cannot go wrong with this one.As this property is very popular, please call to arrange an appropriate time to inspect.

Property History for 2/7-9 Spectrum Ave, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
  • 07 Apr 2019
    Listed for Sale Not Disclosed

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About Rainbow Beach 4581

The size of Rainbow Beach is approximately 13.3 square kilometres. It has 12 parks covering nearly 3.2% of total area. The population of Rainbow Beach in 2011 was 1,103 people. By 2016 the population was 1,241 showing a population growth of 12.5% in the area during that time. The predominant age group in Rainbow Beach is 60-69 years. Households in Rainbow Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation. In 2011, 57.4% of the homes in Rainbow Beach were owner-occupied compared with 57.7% in 2016.

Rainbow Beach has 1,407 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.67% increase in median value, while Units have seen a 100.41% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow Beach is $779,906 while the median value for Units is $576,051.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 32 properties listed for sale, and 3 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Rainbow beach.

Suburb Insights for Rainbow Beach 4581

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.