28/4 Double Island Dr, Rainbow Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 64m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This is an amazing investment opportunity with lifestyle and passive income on offer.
Perfectly located, modern unit situated within easy walking distance to the patrolled surf beach, shops and cafes.
Part of the popular Getaway Resort, this beautifully decorated unit comes fully furnished and provides you with a solid income through holiday letting.
This is a wonderful opportunity to purchase an investment property in gorgeous Rainbow Beach that you can utilise yourself and enjoy memorable family holidays by the sea.
Featuring:
* one good-sized bedroom
* stylish bathroom
* modern, functional kitchen
* spacious living area
* single lock-up garage
The Getaway Resort boasts a stunning in ground pool, gym, manicured lawns, BBQ areas and landscaped gardens.
Gross annual income of over $40,000 per annum.
Property Code: 1542
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 1,413 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.24% increase in median value, while Units have seen a 105.11% increase. As at 30 September 2024:
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