23/265-269 Boundary Street, Coolangatta, QLD 4225 | House for sale | OnTheHouse
FOR SALE
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23/265-269 Boundary Street
Coolangatta QLD 4225

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
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Exclusive North-Facing Three Bedroom Sub-Penthouse in Rainbow Bay

Set in the heart of sought-after Rainbow Bay, this impressive three bedroom sub-penthouse combines stunning coastal views with an enviable beachside lifestyle. Offering exceptional space and versatility, it presents an outstanding opportunity for those seeking a permanent residence, holiday home, or quality investment. This property is being offered for the first time in thirty five years and is in original condition and looking for the next owner to renovate and create their own paradise.
Featuring two large wrap-around balconies that capture the warmth of the northern sun and look down on the world famous Snapper Rocks. From the kitchen, enjoy the sight and sound of breaking waves across Rainbow Bay - an exceptional opportunity to experience true beachside living.
The master bedroom wing enjoys lovely views and features a private sitting area, walk-in robe and spacious ensuite with dual vanities. The second bedroom also offers a walk-in robe and ensuite-style bathroom/laundry, while the third bedroom includes a built-in robe and its own ensuite. Basement parking for two cars or could be used as storage for surfboards and other beach gear.
Rainbow Bay Resort is a tightly held complex of just 24 apartments, offering a relaxed resort-style lifestyle with a large swimming pool, spa and sauna. With experienced on-site management and a strong base of returning guests, it also presents an attractive opportunity for investors seeking established holiday letting potential.
Council Rates: $4,522 per annum
Water Rates: $448 per quarter
Body Corporate Fees: $336 per week
Sinking Fund: $302,833 as of August 2026
Opportunities offering this level of space, functionality and value in Rainbow Bay are rare. Don't miss your chance to secure this exceptional apartment.

Property Details for 23/265-269 Boundary St, Coolangatta

23/265-269 Boundary St, Coolangatta is a 3 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with RBR Property Consultants.

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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. There are 8 parks, covering nearly 16.5% of the total area. The population of Coolangatta in 2016 was 5948 people. By 2021 the population was 6491 showing a population growth of 9.1% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation.In 2021, 55.70% of the homes in Coolangatta were owner-occupied compared with 48.20% in 2016.

Coolangatta has 6,496 properties. Over the last 5 years, Houses in Coolangatta have seen a 43.29% increase in median value, while Units have seen a 61.74% increase. As at 31 July 2026:

  • The median value for Houses in Coolangatta is $1,794,220 while the median value for Units is $1,373,571.
  • Houses have a median rent of $623 while Units have a median rent of $810.
There are currently 72 properties listed for sale, and 34 properties listed for rent in Coolangatta on OnTheHouse. According to Cotality's data, 323 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Col Wright
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RBR Property Consultants
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.