OFF MARKET

37 Double Island Drive
Rainbow Beach QLD 4581

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 260m2
Land area: 600m2
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Property Details for 37 Double Island Dr, Rainbow Beach

37 Double Island Dr, Rainbow Beach is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 600m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in October 2005.

Building Type
House
Year Built
1985
Floor Size
260m2
Land Size
600m2
Local Government
Gympie Regional
Lot/Plan
26/RB96914

Last Listing description (March 2011)

Management Rights - For Sale
Kapitol Brokers and Wayne Stoll 0412 633 794 are proud to present for sale the Management Rights with absolutely everything you would be looking for in a holiday complex.Conveniently situated in central Rainbow Beach with 4 star accomodation to suit both couples and families of all ages ,your guests can choose to relax in the luxury of the Mediterranean style solar heated pool, work out in the gymnasium, enjoy a BBQ in the garden, or simply....do nothing.
Perfectly located to enjoy retail shopping, restaurants, local clubs and only 5 mins walk to the beach, you just won't find a better place for that Seachange & Lifestyle.

Your guests can enjoy Fraser Island, Coloured Sands or Dolphins and Fishing at Tin Can Bay. This complex presents a secure repeat clientelle and walk-in business with plenty of potential to increase profit for the astute operator. Highly recommended
Summary
Holiday Complex letting 29 units
Net Profit $201,000
Spacious 2 bedroom managers apartment
Sale Price $1,420,000
Contact the marketing agent Wayne Stoll 0413 770 636
Or
Emai: wayne.stoll@kapitolbrokers.com.au to arrange your inspection.
The sustainability declaration for this property can be obtained by contacting the agent.

Property History for 37 Double Island Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$575,000
04 Oct 2005
  • 16 Mar 2011
    Listed for Sale 1420000
  • 04 Oct 2005
    Sold for $575,000
  • 15 Oct 2004
    Listed for Sale 675000
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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 1,408 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.
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.