22/57 Grand Parade, Parrearra, QLD 4575 | Unit for sale | OnTheHouse
 
FOR SALE
Auction 20th September - Registration From 9am

22/57 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 1202m2
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Auction Time
Sun 20 Sep 10:00 am
Inspection Times
No upcoming inspections scheduled.
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Resort-Inspired Apartment Moments from Beaches, Dining & Hospital Precinct

Perfectly positioned on sought-after Kawana Island, unit 22 presents an exceptional lifestyle opportunity for first-home buyers, savvy investors, or those looking to downsize without compromise. This light-filled ground-floor apartment offers two bedrooms, two bathrooms, and is located within the highly regarded Ocean Reach Apartments, delivering easy coastal living with a super-sized balcony, peaceful surroundings, and outstanding resort-style amenities.
The contemporary open-plan kitchen is beautifully appointed with sleek European appliances, stone benchtops, ample cabinetry, and a generous pantry, making it ideal for both everyday living and entertaining. The spacious master suite is a private retreat, complete with a walk-through wardrobe and luxurious ensuite, while the second bedroom is well-positioned for guests, family, or a home office.
Designed for effortless indoor-outdoor living, the open-plan living and dining area flows seamlessly to the expansive covered balcony overlooking lush tropical gardens - the perfect setting for your morning coffee, alfresco dining, or evening unwind. The ground-floor position offers excellent accessibility and a wonderful connection to the beautifully maintained gardens and resort facilities. Air-conditioning, ceiling fans, and cooling coastal breezes ensure year-round comfort throughout the home.
Adding further appeal, the property is leased to quality tenants at $760 per week, providing immediate rental income and a strong investment opportunity from day one. Whether you're looking to expand your portfolio or secure a future lifestyle residence, this is an outstanding opportunity to enjoy the benefits of a set-and-forget investment now, with the flexibility to move in later and embrace the relaxed resort-style living on offer.
Additional features include a secure basement car space and a large lockable storage cage for ultimate convenience.
Residents of Ocean Reach enjoy access to an impressive range of resort-style facilities, including a stunning lagoon pool, heated lap pool, 18-person spa, fully equipped gym, private cinema, and Balinese-inspired BBQ areas. Scenic waterfront walking paths, parks, and recreational spaces are all just moments from your doorstep.
Ideally located within walking distance of popular local favourites including Green Zebra and Vrina Mezze Bar, close to Sunshine Coast University Hospital, and just a short bike ride to Mooloolaba Beach, this is a premium lifestyle address offering the very best of coastal living and investment potential. With a secure long-term tenancy already in place, this is an outstanding opportunity for investors seeking strong returns in a highly desirable coastal location.
Auction: Sunday 20th September - Registration Open from 9am
Venue: Mercedes-Benz Sunshine Coast - 65 Maroochy Blvd, Maroochydore
*This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property Details for 22/57 Grand Pde, Parrearra

22/57 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1202m2 and floor size of 120m2. The place is currently for sale with Ray White Kawana Waters.

Building Type
Unit
Floor Size
120m2
Land Size
1202m2
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About Parrearra 4575

The size of Parrearra is approximately 2.5 square kilometres. There are 14 parks, covering nearly 15.9% of the total area. The population of Parrearra in 2016 was 4468 people. By 2021 the population was 4661 showing a population growth of 4.3% in the area during that time. The predominant age group in Parrearra is 70-79 years. Households in Parrearra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parrearra work in a professional occupation.In 2021, 68.90% of the homes in Parrearra were owner-occupied compared with 63.10% in 2016.

Parrearra has 2,305 properties. Over the last 5 years, Houses in Parrearra have seen a 56.96% increase in median value, while Units have seen a 81.10% increase. As at 31 July 2026:

  • The median value for Houses in Parrearra is $1,677,711 while the median value for Units is $1,041,879.
  • Houses have a median rent of $1,100 while Units have a median rent of $740.
There are currently 29 properties listed for sale, and 3 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Parrearra.

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Will Van Den Dungen
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Ray White Kawana Waters
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