11 Rapallo Gr, Madora Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 510m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
This considered 4-bedroom, 2-bathroom family abode elegantly blends classic beach house design with contemporary coastal style, creating a new class of oceanside luxe. At the front of the home, the huge master wing features elegant recessed ceilings, a double-sized walk-in robe, and a sleek ensuite with designer double vanities, luxury freestanding bath beneath a large window, and a double shower. And, just a step away from the bedroom, a huge private retreat - complete with an adjacent bar recess - has the versatility to be anything. Raked ceilings soar over the expansive living and dining area, drawing in an abundance of natural light as the space wraps around an impressive alfresco. Sliding doors seamlessly bring the outdoors in as entertaining options expand, creating harmonious indoor-outdoor living.Overlooking the open-plan living area resides a designer kitchen featuring a unique curved stone benchtop, echoing the undulating contours of sand dunes. Complete with ample bench space, a large walk-in pantry, plenty of storage, and a contemporary scullery flowing through to a well-appointed laundry, this design will tick all the boxes. Three generously sized bedrooms, featuring built-in robes, are all connected by a communal activity area where young kids might have a toy room, and teenagers - a hangout space. A dedicated bathroom comprising a full-size bathtub and separate shower completes this zone. Features Include:- Builders display home (fixed lease until September 2024 plus 6 x 3 month options at Builders discretion)- Builder pays 6% return on purchase price per annum (ie. $749,000 x 6% / 12 = $3,745 per month in advance)- Walk-In Pantry- Recessed and Raked Ceilings- C-Shape Design- Freestanding Bath- Dedicated BarPlease note: Finance Institutions typically require Buyers to have a minimum 20% deposit plus fees in order to purchase a Display Home. If purchasing in a SMSF banks require 30% deposit. Please consult with your Bank or Broker before enquiring.
The size of Madora Bay is approximately 4 square kilometres. It has 12 parks covering nearly 14.3% of total area. The population of Madora Bay in 2011 was 1,724 people. By 2016 the population was 2,721 showing a population growth of 57.8% in the area during that time. The predominant age group in Madora Bay is 40-49 years. Households in Madora Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Madora Bay work in a trades occupation. In 2011, 70.6% of the homes in Madora Bay were owner-occupied compared with 78.5% in 2016.
Madora Bay has 2,689 properties. Over the last 5 years, Houses in Madora Bay have seen a 110.26% increase in median value, while Units have seen a 31.67% increase. As at 31 July 2024:
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