SOLD
Sold on 22 Dec 2023 for $470,000

3/50 Rainbow Beach Road
Rainbow Beach QLD 4581

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 194m2
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Property Details for 3/50 Rainbow Beach Rd, Rainbow Beach

3/50 Rainbow Beach Rd, Rainbow Beach is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 194m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Rainbow Beach in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
114m2
Land Size
194m2
Local Government
Gympie Regional
Lot/Plan
3/SP109090

Last Listing description (September 2022)

There are two levels of living to enjoy within this modern unit, having the top-level comprising of three, large, carpeted bedrooms, all with built in wardrobes and fans. The compact unit has been cleverly designed for space with the master connecting to a two-way bathroom containing single shower, vanity and full sized bath with separate toilet. Adjoining the master suite is your very own under covered 6mx3m wrap around balcony where you can take time out, relax and enjoy views while capturing the sea breezes coming off the ocean.

Downstairs houses a tiled, open plan living area featuring a U shaped kitchen, equipped with overhead cabinetry, large pantry, electric oven, cooktop, dishwasher and breakfast bar. The adjoining dining and lounge area lead outside to a private, partially covered, outdoor 6mx6m courtyard, where you can spend more down time and entertaining.


Unit 3 has everything you need, enclosed single car accommodation complete with electric roller door, plus additional off street parking, laundry, family sized 250 litre hot water system, three hallway closets and second downstairs toilet for convenience. Compact living yet not missing out on anything!

With 194m2 unit 3 is one of only 6 units in the Mediterranean styled Modin's "Sorrento" Complex supported by a bushland backdrop and quality neighbours whom you share a sparkling 8mx4m in ground pool with, for your enjoyment. Body corporate fees are payable. (Contact agent for further details)

The "Sorrento" is in a prize location being close to the main road where you can capitalise on holiday makers if your intention is to rent or Air BNB the unit. It would also make an enviable purchase to live in yourself, being approx. 600m walking distance to the beach front with multiple cafes, pubs, restaurants, chemist, bakery, and boutique shops along the way. Enjoy spending more time swimming the patrolled beaches and strolling the golden sands of the pristine waters on iconic Rainbow Beach.

Rainbow Beach is the gateway to the stunning K'gari (Fraser Island) and home to 4WD adventure & tours, whale watching, deep sea fishing, learn to surf lessons, beach side horse riding, the Carlo sand blow and Searys Creek fresh water tracks.

Summary Features:
192m2, 2 storey unit, elevated position, 600m walking distance to beachfront
One of only 6 units in the modern Mediterranean styled "Sorrento" complex
Shared 8mx4m in ground sparkling pool and entertainment area
3 large carpeted bedrooms, built in wardrobes and fans, bushland views
Main bedroom boasts own under covered private balcony with views
Two-way bathroom, shower, vanity, separate toilet, ample storage
Open plan Kitchen, Dining/Living, electric oven, cooktop, dishwasher
Outdoor 6x6m partially covered courtyard, low maintenance garden
Remote controlled single car lockup garage, plus additional off street parking
Laundry, family sized 250L hot water system, second downstairs toilet
Walking distance to cafes, pubs, restaurants, chemist, bakery, boutique shops
Fantastic location - Gateway to K'gari (Fraser Island), home to major tourist attractions

Perfect, low maintenance unit to invest or live in, located in the heart of popular tourist destination - Rainbow Beach. Currently tenanted for $320 per week with lease expiring July 2022. Please be advised, 24hrs written notice is required for all inspections.

Contact Marketing Agents, John Bambling on 0418 715 165 or Andrew Hawkins on 0408 736 711

All the above property information has been supplied to us by the Vendor. We do not accept responsibility to any person for its accuracy and do no more than pass this information on. Interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Intending purchasers should seek legal and accounting advice before entering into any contract of purchase.

Property History for 3/50 Rainbow Beach Rd, Rainbow Beach, QLD 4581

A timeline of how this property has performed in the market
Last Sold
$470,000
22 Dec 2023
Listed for Rent
$250/w
03 Jun 2016
  • 22 Dec 2023
    Sold for $470,000
  • 20 Jul 2022
    Listed for Sale $520,000
  • 09 Feb 2018
    Sold for $260,000
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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.