3-5 Wyvern RoadRainbow Beach QLD 4581
Property Details for 3-5 Wyvern Rd, Rainbow Beach
3-5 Wyvern Rd, Rainbow Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 10618m2 and floor size of 197m2.
Last Listing description (September 2024)
This really is an incredible opportunity to own what was previously the reception, restaurant, and bar for the well-known Rainbow Shores Resort. This property has everything in place for you to walk in and build this back into a thriving business or turn into your dream beach home.
Main Building
- Full Bar Area
- Walk-in Cold Room
- 2 x Office/ Reception Spaces
- Large pavilion decks
- Male & Female Amenities
- Fans throughout
Rear Double Storey Building
- Features a downstairs spacious reception area
- Large office space
- Upstairs large living area with balcony
- 3 x large offices with fans
- Kitchenette with Toilet
Located under 1.5 kilometres from the main street of Rainbow Beach and only 500 m to the beach this 4300 square metres of land has two separate buildings on site with the main building comprising of the restaurant and bar area, commercial kitchen, male and female amenities, cold room complete with undercover pavilion decks overlooking the landscaped Gardens.
There is also scope to have other commercial businesses in the property with two other separate areas that could be utilised and bring in additional income.
Located at the rear of the restaurant there is a double story property that contains 4 offices two large living spaces and kitchenette area which could be turned into the living quarters all it needs is a bathroom.
Storage is not a problem either with two 6m x 6 m sheds located at the rear of the property within the large bitumen parking area. With the vendors not asking much more than the land value this truly represents one of the best opportunities in Rainbow Beach.
So don't miss out, call Michelle on 0428 585 175 to arrange your inspection.
Property History for 3-5 Wyvern Rd, Rainbow Beach, QLD 4581
- 08 Mar 2023Listed for Sale $289,000
- 21 Nov 2019Listed for Sale $700,000!
- 29 Jun 2016Listed for Sale Not Disclosed
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0About 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 1,408 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.
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