Back 702/56 Lower Gay Terrace
Off Market

702/56 Lower Gay Terrace

Caloundra QLD 4551

3
2
2
258 m²
631 m²
Apartment
Last sold for $2,500,000
Natascha Drexel-MunroNatascha Drexel-Munro, last sold this property on 05 November 2025 after 23 days on market.

Overview

The Pinnacle of Coastal Living

Auction, In Rooms Sunshine Coast Function Centre 19 West Terrace, Caloundra Thursday, 6 November at 11am Perfectly positioned above the coastline, this magnificent penthouse commands one of the most breathtaking outlooks on the Sunshine Coast. From Kings Beach and Bulcock Beach to the Glasshouse Mountains beyond, the views are simply endless - a sweeping panorama of ocean, sky and hinterland that changes with every hour of the day. Step inside and a sense of space immediately unfolds. Double entry doors open to expansive interiors bathed in natural light, with floor-to-ceiling glass drawing the eye to the ever-present ocean. Sophisticated yet relaxed, every element has been designed to celebrate the view and the luxurious scale of this home. Generous open-plan living areas flow effortlessly to a vast entertainer's balcony - the ultimate vantage point for watching the waves roll in, whales frolicking offshore, passing cruise ships at night, sharing long lunches with friends, or unwinding as the sun sets behind the mountains. At the heart of the home, the designer kitchen combines beauty and function with expansive stone benchtops, sleek two-pac cabinetry, high-end stainless steel appliances and abundant storage. Each of the three spacious bedrooms captures its own coastal or hinterland outlook, while the private master suite is a true retreat with its sense of calm and separation. Beyond the apartment, residents enjoy resort-style amenities including a sparkling pool, BBQ area and beautifully maintained grounds. A secure oversized double garage completes the picture of effortless coastal luxury. This is penthouse living on a grand scale - where light, space and views converge to create something truly special. Features include: • Luxury top-floor penthouse with spectacular ocean and hinterland views • Three spacious bedrooms, 2.5 bathrooms • Two expansive living areas and two large balconies • Designer kitchen with stone benchtops and premium finishes • Ducted air-conditioning and ceiling fans throughout • Oversized double lock-up garage • Resort-style pool and BBQ facilities • Prestigious location in the heart of Caloundra Facilities - Close to educations hubs, public transport, downtown Caloundra, Caloundra Shopping Centre, and Golf Club - *An hour's drive to Brisbane and both the Domestic and International Airports - *Thirty minutes to Australia Zoo, the Glass House Mountains, and Sunshine Coast Hinterland - Close to the Sunshine Coast Hospital and University Precincts - *200m to Happy Valley, surf, parklands, and amphitheatre - Close by you will find the Kings Beach Surf Lifesaving Club, restaurants, parks, water fountains and the Sunshine Coast Boardwalk.... where you can walk or cycle its entire length from Golden Beach to the South and Mooloolaba to the North - Mooloolaba, Maroochydore, and the Sunshine Coast Airport are only a *30-minute drive away; Noosa is approx. a 40-minute drive away. *approximately A rare offering of scale, sophistication and uninterrupted coastal beauty. Call Natascha 0410 081 970 or Carola 0417 608 466 today to arrange an inspection! DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
258 m² floor area
631 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Caloundra over the last 12 months, the estimated median property value of 702/56 Lower Gay Terrace is $1.51m.

Median value
$1.51m
Estimated value range
$885k - $2.7m
Median days on market
68
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Caloundra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 702/56 Lower Gay Terrace

2025
Sold
$2,500,000
05 Nov 2025 by Natascha Drexel-Munro, of Ray White Caloundra
2017
Sold
$1,075,000
03 Aug 2017 by Craig Arkell, of Freedom Property.com.au
2017
Sold
$1,075,000
03 Aug 2017 by Craig Arkell, of Arkell & Co.

Happy sellers in Caloundra

82%
82% of sellers in Caloundra reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 24 reviews in Caloundra over the last 12 months.

Local market activity for 3 bedroom apartments in Caloundra

In the last 12 months, 31 three-bedroom apartments similar to 702/56 Lower Gay Terrace, have been sold.

This represents a 55% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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