Commanding one of Rainbow Bay's most prestigious vantage points, this extraordinary 382m2 three-level modern penthouse delivers an irreplaceable coastal lifestyle with an uninterrupted 360-degree vista across the ocean, river, coastline and hinterland.
From sunrise over the Pacific to sunset behind Mount Warning, the outlook is nothing short of spectacular. Gaze north across Rainbow Bay, through Surfers Paradise towards Moreton Island, north-east over Duranbah and its world-famous surf break, south-east along the sweeping coastline to Fingal Head, and south across Jack Evans Boat Harbour.
AUCTION: Onsite Wednesday 26th August at 4 pm.
Designed for luxurious living and effortless entertaining, the penthouse offers four bedrooms, multiple living zones, two kitchens, two laundries and secure side-by-side parking for two vehicles. Exclusive elevator access provides seamless and secure access throughout.
The upper level is devoted to an oversized master retreat, complete with a walk-in wardrobe, private ensuite and breathtaking panoramic views.
The middle level forms the heart of the home, featuring an open-plan kitchen, dining and living spaces, powder room, laundry and 3 balconies including an oversized entertainment deck.
The lower level provides exceptional flexibility, with a kitchenette, two living areas, three bedrooms and a separate laundry. One bedroom includes an ensuite and built-in wardrobe, while the remaining two bedrooms share a main bathroom.
Perfectly suited to luxury owner-occupiers, holidaymakers or even investors, this remarkable residence also offers compelling income potential.
Outgoings
Council rates: approximately $2,400 per annum
Body corporate: approximately $600 per week
Surfline camera contract: approximately $5,000 per week in passive income used to offset Body Corp fees.
*Above figures are estimates. Appraisals available.
Income potential
Permanent letting:
$2,200 to 2,300 per night
Holiday letting:
$500 to $1,500 per night
(season dependent)
Highlight features:
- Prestigious 348m2 three-level modern penthouse in the heart of Rainbow Bay
- Uninterrupted 360-degree views across the ocean, river, coastline and hinterland
- Panoramic outlooks to Moreton Island, Duranbah, Fingal Head, Jack Evans Boat Harbour and Mount Warning
- Four bedrooms, 3 living rooms, multiple living zones, two kitchens and two laundries
- Private lift access across all three levels and secure side-by-side parking for two vehicles
- Exceptional flexibility for luxury living, holiday accommodation or investment income
A rare opportunity to secure a truly exceptional Rainbow Bay penthouse where world-class views, sophisticated living and outstanding investment potential come together in one remarkable coastal address.
Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
