SoldMar 27, 2024

unit 1401/255 Boundary Street, Coolangatta, QLD, 4225

$1,400,000

2
2
1
156 m²

Apartment

30+ days on the market

Sold: Mar 27, 2024

What's around unit 1401/255 Boundary Street

Exquisite Ocean-View Retreat in Rainbow Bay

Welcome to your dream seaside escape at Rainbow Bay! Perched on the 14th floor, this exquisite two-bedroom, two-bathroom apartment offers breathtaking panoramic views of the sparkling ocean, creating an idyllic haven for those seeking both comfort and investment potential. Spectacular Ocean Views: Enjoy mesmerizing sunrises and sunsets from the comfort of your living room or private balcony, showcasing the beauty of Rainbow Bay. Open-Concept Living: The spacious and airy design of this apartment creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or relaxing after a day at the beach. Kitchen: The well-appointed kitchen features lovely appliances, sleek cabinetry, and a breakfast bar, making it a culinary haven for both residents and potential vacationers. Master Suite: The master bedroom boasts an en-suite bathroom, walk-in closet, and, of course, those stunning Tweed River and Fingal views. Wake up to the sound of the waves every morning! Investment Potential: Positioned in one of Rainbow Bay's most sought-after locations, this property offers excellent investment potential as a holiday rental. Take advantage of the growing demand for vacation properties in this picturesque destination. 🌴 Location, Location, Location: Situated in the heart of Rainbow Bay, you'll be steps away from pristine sandy beaches, trendy cafes, and a vibrant local culture. Explore the nearby surf breaks of Snapper Rocks and DBar, take a leisurely stroll along the esplanade, or indulge in the diverse dining options right at your doorstep. 💼 Investment Benefits: Strong Rental Demand: Rainbow Bay is a hotspot for holidaymakers, ensuring a consistent demand for short-term rentals throughout the year. Proximity to Attractions: With easy access to popular tourist attractions, your property will be in high demand among vacationers seeking a memorable beachside experience. Proven Rental Income: This unit together with similar properties in the area have demonstrated a strong track record of rental income, making this an attractive investment opportunity. Don't miss the chance to own a piece of Rainbow Bay's coastal paradise with an investment twist. Whether you're looking for a luxurious home or a savvy investment, this two-bedroom gem on the 14th floor is a rare find. Contact us today to schedule a private viewing and start envisioning the potential of coastal living and lucrative holiday rentals! 🌟 Body Corporate Levies Yearly Net $7,797 Sinking Fund $929,403 as at 16 January 2024 Water Rates $1,330 Rates $3,258 Net Profit Holiday Rental $49,000 Owners holiday during peak periods

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Seller's review

over 2 years ago

I have no hesitation recommending Karen Shaw. Professional, committed, stress-free.

Karen's knowledge of the local area, attention to detail and valuable insights provided a professional stress-free and seamless experience. Her honest feedback was valuable, and with her bright and warm personality, Karen ensured a smooth and easy transition for all parties. I highly recommend Karen Shaw for your real estate needs.

D
Denise Heyman
Seller

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