The price has been slashed. The owner wants offers. Now is the time to act. This landmark Rainbow Bay penthouse presents an outstanding opportunity to secure premium coastal real estate at a dramatically reduced asking price.
With spectacular 360-degree views, three expansive levels and exciting income potential, there is every reason to inspect and negotiate today. Make your offer, start the conversation and give yourself the chance to secure something extraordinary. Once another buyer secures it, this opportunity is gone.
Book your private inspection today. Call Mason on 0451 307 305.
Live the penthouse lifestyle-and unlock the income potential below. Enjoy the upper two levels as your private coastal sanctuary while renting the separately configured downstairs accommodation.
Permanent letting offers attractive income potential, but holiday letting makes the opportunity truly exciting, with the prospect of outstanding returns.*
Wake to spectacular views, entertain above Rainbow Bay and spend your days enjoying the coastal lifestyle while your property works for you. An exceptional lifestyle, a compelling income opportunity and a smarter way to make penthouse living yours.
*Returns depend on occupancy, season and expenses. Separate letting is subject to relevant approvals and requirements.
Imagine making this penthouse yours: the views, the lifestyle and the feeling of capitalising on an opportunity when it appeared. Arrange a private inspection, decide what this penthouse is worth to you, and make your offer today. The owner is ready to hear it.
All open home times are listed in NSW time.
This landmark three-level Rainbow Bay Penthouse with unrivalled views commands 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.
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 year 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 week
Holiday letting:
$500 to $1,500 per night
(season dependent)
Highlight features:
- Prestigious 382m2 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.
▶
