29/51 Grand Parade, Parrearra, QLD 4575 | Apartment for sale | OnTheHouse
 
FOR SALE
$979,500

29/51 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
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PREMIUM WATERVIEW APARTMENT

Apartment 29 is arguably the best two-bedroom residence in the architecturally designed Island Quays complex, perfectly positioned in the peaceful, leafy suburb of Parrearra.
Located on the second floor, this spacious apartment enjoys elevated, never-to-be-built-out water and park views. Its desirable north-east aspect captures the morning sun and cooling sea breezes while providing shelter from the summer heat.
Inside, a light-filled open-plan living and dining area connects seamlessly to a generous balcony through floor-to-ceiling glass stacker doors – ideal for relaxing or entertaining with a stunning outlook. The modern kitchen features stone bench tops, a walk-in pantry, quality appliances, and ample storage.
The main bedroom opens onto the balcony and includes a large built-in wardrobe and ensuite with double vanity. The second bedroom also offers built-in storage and access to a second bathroom, plus a separate powder room for guests. Additional highlights include a study nook, ducted air-conditioning, internal laundry with outdoor ventilation, and multiple storage cupboards.
A private front entrance area provides extra storage for bikes or beach gear, while the secure basement offers two side-by-side car spaces and a lockable storage cage conveniently located beside them.
Residents of Island Quays enjoy resort-style living with beautifully landscaped grounds, a large pool with lap lane and spa, BBQ area, tennis court, car wash bay, CCTV, and private boat mooring jetty.
Just a short stroll to restaurants and cafes, and minutes from Kawana Shoppingworld, beaches, and the hospital precinct, this address combines lifestyle and investment appeal.
Spacious, stylish and secure – Apartment 29 offers the best position in one of the Coast’s most desirable complexes.

Property Details for 29/51 Grand Pde, Parrearra

29/51 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 127m2. The place is currently for sale with Online Property Sales & Rentals.

Building Type
Apartment
Floor Size
127m2
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About Parrearra 4575

The size of Parrearra is approximately 2.5 square kilometres. It has 14 parks covering nearly 15.9% of 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 2,297 properties. Over the last 5 years, Houses in Parrearra have seen a 90.50% increase in median value, while Units have seen a 84.71% increase. As at 31 October 2025:

  • The median value for Houses in Parrearra is $1,552,808 while the median value for Units is $936,997.
  • Houses have a median rent of $900 while Units have a median rent of $670.
There are currently 19 properties listed for sale, and 3 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Parrearra.

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