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23/265 Boundary St

Coolangatta QLD 4225

3
3
2
House
Currently for sale - view listing

Overview

Exclusive North-Facing Three Bedroom Sub-Penthouse in Rainbow Bay

Set in the heart of sought-after Rainbow Bay, this impressive three bedroom sub-penthouse combines stunning coastal views with an enviable beachside lifestyle. Offering exceptional space and versatility, it presents an outstanding opportunity for those seeking a permanent residence, holiday home, or quality investment. This property is being offered for the first time in thirty five years and is in original condition and looking for the next owner to renovate and create their own paradise. Featuring two large wrap-around balconies that capture the warmth of the northern sun and look down on the world famous Snapper Rocks. From the kitchen, enjoy the sight and sound of breaking waves across Rainbow Bay - an exceptional opportunity to experience true beachside living. The master bedroom wing enjoys lovely views and features a private sitting area, walk-in robe and spacious ensuite with dual vanities. The second bedroom also offers a walk-in robe and ensuite-style bathroom/laundry, while the third bedroom includes a built-in robe and its own ensuite. Basement parking for two cars or could be used as storage for surfboards and other beach gear. Rainbow Bay Resort is a tightly held complex of just 24 apartments, offering a relaxed resort-style lifestyle with a large swimming pool, spa and sauna. With experienced on-site management and a strong base of returning guests, it also presents an attractive opportunity for investors seeking established holiday letting potential. Council Rates: $4,522 per annum Water Rates: $448 per quarter Body Corporate Fees: $336 per week Sinking Fund: $302,833 as of August 2026 Opportunities offering this level of space, functionality and value in Rainbow Bay are rare. Don't miss your chance to secure this exceptional apartment.

Features

3 bedrooms
3 bathrooms
2 carspaces
House

Property history for 23/265 Boundary St

2017
Sold
$418,000
Private Sale/Treaty on 26 Apr 2017 by David Lonie, of LJ Hooker Southern Gold Coast

Happy sellers in Coolangatta

80%
80% of sellers in Coolangatta reported that their sale price either exceeded or met their price expectations.

Coolangatta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Coolangatta over the last 12 months.

Local market activity for 3 bedroom houses in Coolangatta

In the last 12 months, 8 three-bedroom houses similar to 23/265 Boundary St, have been sold.

This represents a 43% increase in three-bedroom houses sales when compared to the previous 12 months.

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