OFF MARKET

12/103 Cooloola Drive
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 146m2
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Property Details for 12/103 Cooloola Dr, Rainbow Beach

12/103 Cooloola Dr, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 146m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2004
Floor Size
122m2
Land Size
146m2
Local Government
Gympie Regional
Lot/Plan
12/SP171709

Last Listing description (December 2022)

Located approximately 1 hour and 30 minutes drive from Sunshine Coast Airport, 1 hour from Noosa and 45 minutes from Gympie, Rainbow Ocean Palms Resort enjoys an unequalled position on highly sought-after and tightly-held Cooloola Drive, the highest point in Rainbow Beach.

Unit 12 The Penthouse boasts stunning 180+ degree views north to World Heritage Listed Kgari (Fraser Island) and the Great Sandy Strait, east overlooking Rainbow Beachs pristine beach, Pacific Ocean and surrounding national park, and west over Tin Can Bay Inlet. This top-level unit is open on three sides, capturing the natural light and sea breezes via two balconies and many well placed windows and louvres. The units northern aspect holds the winter sun, while protecting from winters westerly winds, while in summer, the natural shade and sea breezes keep the unit cool.

Situated in a quiet cul-de-sac away from the hustle and bustle of the village, this is a peaceful and private oasis. The well planned unit has a large master bedroom with ensuite and balcony. The master bedroom can be opened to the main living area which itself is open plan and flows onto the patio for easy entertaining. Another two light and airy bedrooms and a main bathroom make this unit perfect for a family, or couple or single looking for ample space for work or visitors, or alternatively, the perfect investment option for holiday rental.

The kitchen is well appointed and incorporates an island bench and stools, ideal for gatherings or relaxed family time. A handy hidden laundry area ensures the washing is looked after efficiently without taking up valuable space, and ducted air conditioning throughout will keep you cool in summer and warm in winter. The unit has two basement car parks with attached lockable storage area, just metres from the lift that services all levels.

The resort complex offers an infinity pool with adjacent recreational area, BBQ and alfresco dining, for all your outdoor entertaining needs. The body corporate has a solid sinking fund, and the unit has been rented via onsite managers.

This is an extremely rare, once in a lifetime opportunity to purchase this outstanding apartment in a spectacular location the first time it has been offered for sale since the current owners secured the unit from the original developers.

Rainbow Beach Cooloola Coast Gateway to Fraser Island

Other attractions in the area include: the coloured sands, Double Island Point, Great Sandy National Park, Carlo Sand Blow, Carlo Point and Inskip Point camping areas, the nearby fishing village of Tin Can Bay, four wheel drive tours, boating, fishing, bush walking, kayaking, diving, beach horse riding, helicopter joy flights, Kgari (Fraser Island) tours and so much more..

Contact Lex Townsend 0429 832 192 for further information.

Property History for 12/103 Cooloola Dr, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$1,400,000
29 Oct 2022
  • 29 Oct 2022
    Sold for $1,400,000
  • 29 Jul 2022
    Listed for Sale $1,600,000 ONO
  • 07 Dec 2012
    Sold for $700,000
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About Rainbow Beach 4581

The size of Rainbow Beach is approximately 13.3 square kilometres. It has 12 parks covering nearly 3.2% of total area. The population of Rainbow Beach in 2011 was 1,103 people. By 2016 the population was 1,241 showing a population growth of 12.5% in the area during that time. The predominant age group in Rainbow Beach is 60-69 years. Households in Rainbow Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation. In 2011, 57.4% of the homes in Rainbow Beach were owner-occupied compared with 57.7% in 2016.

Rainbow Beach has 1,407 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.67% increase in median value, while Units have seen a 100.41% increase. As at 31 October 2024:

  • The median value for Houses in Rainbow Beach is $779,906 while the median value for Units is $576,051.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 32 properties listed for sale, and 3 properties listed for rent in Rainbow beach on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Rainbow beach.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.