79 Cooloola DriveRainbow Beach QLD 4581
Property Details for 79 Cooloola Dr, Rainbow Beach
79 Cooloola Dr, Rainbow Beach is a 7 bedroom, 4 bathroom House with 4 parking spaces and was built in 1997. The property has a land size of 640m2 and floor size of 368m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (September 2024)
Locally known as the "Rainbow Beach Arthouse", this architecturally designed home represents the area's finest piece of real estate.
Privately bordered by National Park and just metres from pristine beaches, the commanding hilltop address captures panoramic Pacific Ocean views across to Fraser Island in the north and Double Island Point in the south. Access via M1 motorway 3 hours north of Brisbane City Centre, 1 hour north of Noosa and with direct light aircraft access at Rainbow Beach aerodrome.
Set over three expansive levels plus a spectacular rooftop deck harnessing 360-degree water, Island and hinterland vistas, residents are promised an array of luxurious living and entertaining spaces that are as versatile as they are beautiful.
Featuring a Mediterranean-inspired fa?ade, the residence is defined by its high valued ceilings, walls of full-height glass and all-weather alfresco decks lining the north and eastern wings of the home. Hardwood floors and granite kitchen and bathroom finishes enhance the sense of opulence throughout.
The design features approximately 750 sqm of north-facing communal living space and up to seven bedrooms over two fully self-contained levels. Meanwhile, the ground floor comprises a large private studio opening out to lush lawns and the stunning glass-framed swimming pool. Catering to large families or passionate entertainer's who enjoy hosting regular house guests, the layout also lends itself to utilising the property as a 5-star high income-generating accommodation.
The ground floor studio is equipped with a kiln and 3 phase power to service the current owner's artistic pursuits, however the space would be perfect for any home business or professional office set-up.
Additional property highlights include:
-Two full gourmet kitchens
-Three bathrooms (with ensuite access to bedrooms) plus two separate guest powder rooms,
-Reverse cycle air-conditioning, ceiling fans; double glazing throughout and extensive insulation
-Crimsafe/insect screening to capture fresh sea breezes; aluminium cyclone shutters (Cat 5)
-4 car remote integrated garage; large storage room;
-Established low maintenance landscaped gardens;
-Approximately 750 sqm internal habitable area;
Positioned in tightly held Cooloola Drive, Rainbow Beach's highest point, this prestigious address is just metres from the patrolled surf beach (via stairs linking to Ocean View Parade). It is also a picturesque stroll into the heart of Rainbow Beach's lifestyle precinct with shops, cafes, restaurants, health/fitness amenities. Offering a tranquil coastal lifestyle with boating, fishing, four-wheel driving, bush walking, horse riding, helicopter joy flights and the World Heritage listed Fraser Island right on the doorstep, Rainbow Beach is only 90 minutes' drive from the Sunshine Coast Airport and an hour from popular Noosa. Rainbow Beach was just recently awarded number 3 place 2023 Best Beach Australia by Tourism Australia.
A truly Irreplaceable lifestyle and investment opportunity, not to be missed.
Inspections strictly by pre-arranged private appointment only by contacting Stephen Pahl - 0404 266 085
Property History for 79 Cooloola Dr, Rainbow Beach, QLD 4581
- 25 May 2023Sold for $3,400,000
- 09 Feb 2023Listed for Sale $3,400,000
- 19 May 2012Listed for Sale $1,900,000
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0About 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 1,413 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 80.24% increase in median value, while Units have seen a 105.11% increase. As at 30 September 2024:
- The median value for Houses in Rainbow Beach is $767,437 while the median value for Units is $566,289.
- Houses have a median rent of $650 while Units have a median rent of $420.
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