15/103 Cooloola Dr, Rainbow Beach is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 196m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Amazing opportunity to create an iconic beachside escape with beautiful ocean views and a unique setting.
Perched on the highest point of Rainbow Beach, only 2.5 hours north of Brisbane is this beautiful space, situated within the popular Rainbow Ocean Palms Resort, Rainbow Beach. Currently set up as a Restaurant/Caf subject to body corporate and council approval you could transform this 196m2 lot into an incredible apartment.
Previously operated as a restaurant, the space could be re-designed as a spacious, modern and airy, residential unit with sweeping ocean views across Rainbow Beach to Fraser Island.
The boutique accommodation within Ocean Palms make the location very popular with holiday guests or you could opt to live here permanently. Relax by the infinity pool or explore all that Rainbow Beach has to offer as a gateway town to Fraser Island and some of Australias most pristine beaches.
Located in the front section of popular Ocean Palms Resort and overlooking the beautiful Rainbow Beach with views out over the Pacific, this property is a must see.
Property Code: 1298
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:
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