Sold
Last Asking Price - $1,344,000-$1,456,000
unit 1401/255 - 261 Boundary Street, Coolangatta QLD 4225
Apartment
221
Block size: 429 m² approx.
Exquisite Ocean-View Retreat in Rainbow Bay
Welcome to your dream seaside escape at Rainbow Bay! Perched on the 14th floor, this exquisite two-bedroom, two-bathroom apartment offers breathtaking panoramic views of the sparkling ocean, creating an idyllic haven for those seeking both comfort and investment potential.
Spectacular Ocean Views: Enjoy mesmerizing sunrises and sunsets from the comfort of your living room or private balcony, showcasing the beauty of Rainbow Bay.
Open-Concept Living: The spacious and airy design of this apartment creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or relaxing after a day at the beach.
Kitchen: The well-appointed kitchen features lovely appliances, sleek cabinetry, and a breakfast bar, making it a culinary haven for both residents and potential vacationers.
Master Suite: The master bedroom boasts an en-suite bathroom, walk-in closet, and, of course, those stunning Tweed River and Fingal views. Wake up to the sound of the waves every morning!
Investment Potential: Positioned in one of Rainbow Bay's most sought-after locations, this property offers excellent investment potential as a holiday rental. Take advantage of the growing demand for vacation properties in this picturesque destination.
Location, Location, Location:
Situated in the heart of Rainbow Bay, you'll be steps away from pristine sandy beaches, trendy cafes, and a vibrant local culture. Explore the nearby surf breaks of Snapper Rocks and DBar, take a leisurely stroll along the esplanade, or indulge in the diverse dining options right at your doorstep.
Investment Benefits:
Strong Rental Demand: Rainbow Bay is a hotspot for holidaymakers, ensuring a consistent demand for short-term rentals throughout the year.
Proximity to Attractions: With easy access to popular tourist attractions, your property will be in high demand among vacationers seeking a memorable beachside experience.
Proven Rental Income: This unit together with similar properties in the area have demonstrated a strong track record of rental income, making this an attractive investment opportunity.
Don't miss the chance to own a piece of Rainbow Bay's coastal paradise with an investment twist. Whether you're looking for a luxurious home or a savvy investment, this two-bedroom gem on the 14th floor is a rare find. Contact us today to schedule a private viewing and start envisioning the potential of coastal living and lucrative holiday rentals!
Body Corporate Levies Yearly Net $7,797 Sinking Fund $929,403 as at 16 January 2024
Water Rates $1,330
Rates $3,258
Net Profit Holiday Rental $49,000 Owners holiday during peak periods
Features include: Balcony,Fully Fenced,Outdoor Entertainment Area,Outside Spa,Remote Garage,Secure Parking,Swimming Pool - In Ground,Tennis Court,Alarm System,Broadband Internet Available,Built-in Wardrobes,Dishwasher,Ensuite
Spectacular Ocean Views: Enjoy mesmerizing sunrises and sunsets from the comfort of your living room or private balcony, showcasing the beauty of Rainbow Bay.
Open-Concept Living: The spacious and airy design of this apartment creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or relaxing after a day at the beach.
Kitchen: The well-appointed kitchen features lovely appliances, sleek cabinetry, and a breakfast bar, making it a culinary haven for both residents and potential vacationers.
Master Suite: The master bedroom boasts an en-suite bathroom, walk-in closet, and, of course, those stunning Tweed River and Fingal views. Wake up to the sound of the waves every morning!
Investment Potential: Positioned in one of Rainbow Bay's most sought-after locations, this property offers excellent investment potential as a holiday rental. Take advantage of the growing demand for vacation properties in this picturesque destination.
Location, Location, Location:
Situated in the heart of Rainbow Bay, you'll be steps away from pristine sandy beaches, trendy cafes, and a vibrant local culture. Explore the nearby surf breaks of Snapper Rocks and DBar, take a leisurely stroll along the esplanade, or indulge in the diverse dining options right at your doorstep.
Investment Benefits:
Strong Rental Demand: Rainbow Bay is a hotspot for holidaymakers, ensuring a consistent demand for short-term rentals throughout the year.
Proximity to Attractions: With easy access to popular tourist attractions, your property will be in high demand among vacationers seeking a memorable beachside experience.
Proven Rental Income: This unit together with similar properties in the area have demonstrated a strong track record of rental income, making this an attractive investment opportunity.
Don't miss the chance to own a piece of Rainbow Bay's coastal paradise with an investment twist. Whether you're looking for a luxurious home or a savvy investment, this two-bedroom gem on the 14th floor is a rare find. Contact us today to schedule a private viewing and start envisioning the potential of coastal living and lucrative holiday rentals!
Body Corporate Levies Yearly Net $7,797 Sinking Fund $929,403 as at 16 January 2024
Water Rates $1,330
Rates $3,258
Net Profit Holiday Rental $49,000 Owners holiday during peak periods
Features include: Balcony,Fully Fenced,Outdoor Entertainment Area,Outside Spa,Remote Garage,Secure Parking,Swimming Pool - In Ground,Tennis Court,Alarm System,Broadband Internet Available,Built-in Wardrobes,Dishwasher,Ensuite
Inspections
No open inspections scheduled.
Send an enquiry
Contact Karen Shaw to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
2
Garage Spaces:
1
Property type:
Apartment
Block Size:
429 m²*
Other Details
Lot:
39
Plan Type:
BUP
Plan:
5455
Legal description:
39/BUP5455
Maps and area information
Block information
Block size: 429m² (approx)
Legal description: 39/BUP5455
Measurements are estimates only and based on data provided under licence from
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
27 Mar 2024
Sold
RAAS Property Group
Listed: 07/02/2024
Transfer type: Full transfer
Coolangatta suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
50 years
Population
6,491
Listing ID: 182277175. This listing has been viewed 21 times. It was first displayed on 07/02/2024 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.