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701/255 Boundary Street

Coolangatta QLD 4225

3
2
1
Apartment
Currently for sale - view listing

Overview

Coastal Luxury with Strong Investment and Lifestyle Appeal

Positioned in the heart of highly sought-after Rainbow Bay, this elegant coastal-style residence on the 7th level presents an exceptional opportunity for both investors and owner-occupiers alike. Offering three bedrooms, three balconies, ocean views, and strong lifestyle appeal, the property combines immediate liveability with excellent rental and holiday-letting potential. The open-plan living and dining area is bathed in natural light, with floor-to-ceiling glass sliding doors, elegant sheer curtains, and on-trend lighting for that chic feel, opening seamlessly onto a spacious balcony, perfect for relaxing, entertaining, or simply soaking in the coastal outlook, sea breezes and the soothing sounds of waves. The white stylish kitchen combines functionality and style, featuring a renovated butler's pantry, a breakfast bar, white cabinetry, polished tapware, premium appliances and ample storage. Prepare the family dinner whilst enjoying ocean glimpses of Greenmount Beach. The master bedroom is generously sized and immersed in sunlight and breezes, a private renovated ensuite with on-trend finishes, air conditioning, a walk-in wardrobe, and glass sliding doors framed by sheer and blackout curtains opening up to its own balcony framing a picturesque view. The second bedroom is light and bright and also generous in size, offering floor-to-ceiling glass doors and enjoying access to the third balcony, also offering an endless skyline of blue skies and luscious green tree views. The space includes a built-in wardrobe, ceiling fan and air conditioning, and convenient proximity to the main bathroom, which has also been renovated with a chic white style, polished white vanity, and on-trend tapware. While the third bedroom adds flexibility for families, guests, or a home office. With its flexible three-bedroom layout, multiple balconies, and desirable beachside position, the apartment is well-suited to both permanent rental and holiday letting, appealing to a broad tenant and guest demographic year-round. The building itself delivers a true resort-style experience, designed to elevate everyday living. Residents can unwind in the heated swimming pool and spa, framed by swaying palm trees and lush tropical surrounds, or enjoy a casual hit on the half-size tennis court. Beyond the building, the location is equally impressive. A short stroll brings you to local favourites such as Little Mali Café and Black Dingo, where you can enjoy your morning coffee accompanied by stunning coastal views. For an elevated dining experience, indulge at Pipi's Restaurant, renowned for its exceptional cuisine, curated wine list, and sophisticated atmosphere. Building features: • Built in 1982 • 43 Apartments in Building across 15 Floors • Heated Swimming pool + Heated Spa • Half-court tennis • In-house library • Manicured tropical gardens • Secure car parking with remote-control access • Well-maintained building with onsite management, ideal for investors seeking a hands-off ownership experience • Pet-friendly upon body corporate approval • Lifts Location Highlights • Rainbow Bay Beach and Snapper Rocks a short walk • Point Danger and coastal walking tracks nearby • Easy access to Rainbow Bay Surf Club • Coolangatta cafés, restaurants and shopping precinct minutes away • Gold Coast Airport approximately 5-minute drive • Southern Cross University is close by • John Flynn Private Hospital approximately 10 minute drive • Easy access to oceanfront pathways connecting Currumbin to Rainbow Bay Outgoings approx: Gold Coast Council Rates $1,292/bi-annually Water Rates $341/quarterly Body Corporate $177/per week Whether you're seeking a high-performing investment, a lock-and-leave holiday home, or a future coastal residence, this apartment offers a rare combination of location, flexibility, and long-term growth potential in one of the Southern Gold Coast's most tightly held beachside pockets. Please call Team Chapman for any further information: Jacqueline Chapman: 0404066311 Joshua Nunney: 0468 906 075 We look forward to welcoming you to our open homes. 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.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Property history for 701/255 Boundary Street

2022
Sold
Undisclosed
Private Sale/Treaty on 08 Dec 2022 by Karen Shaw, of Ras360 Property Solutions

Happy sellers in Coolangatta

85%
85% 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 80 reviews in Coolangatta over the last 12 months.

Local market activity for 3 bedroom apartments in Coolangatta

In the last 12 months, 28 three-bedroom apartments similar to 701/255 Boundary Street, have been sold.

This represents a 11% increase in three-bedroom apartments sales when compared to the previous 12 months.

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