201/255-261 Boundary St, Coolangatta is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 429m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Rainbow Bay is one of the most sought after addresses in the country. The warm water and sand-lined points provide some of the best waves in the world attracting holiday makers and surfers from around the globe. Rainbow Commodore is one of the most tightly held buildings in Rainbow Bay. And rarely will you find a renovated apartment, this good, so competitively priced.
The renovation in the apartment is absolutely stunning in its modern finishes. Bathrooms are lined with floor to ceiling tiling, timber-style hybrid flooring and fresh appliances feature throughout.
Both bedrooms feature covered balconies, and adjoining bathrooms, which look like they've popped straight out of a homeware magazine. The entertaining balcony boats views out to the ocean and over the grassed courtyard. The living spaces are large and bright, which are accompanied by the well-equipped designer's kitchen.
You're a short walk to the water of Rainbow Bay and its surrounding cafes, bars, clubs and shops.
Agent's notes:
Most beachside apartments are modest in size and rarely this well-renovated. 201 Rainbow Commodore has a floorplan design making the apartment feel very spacious, and the bedrooms quite private. You can check the surf from the apartment, and enjoy sunsets while enjoying the large balcony. The building features everything you would expect as a resident, investor or to have as a holiday unit: Pool, tennis court, on-site manager, security access, secure parking and secure storage.
You can take advantage of all the similar features of an upper level apartment, in a more modern home, without the price tag.
The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of 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 6,345 properties. Over the last 5 years, Houses in Coolangatta have seen a 107.08% increase in median value, while Units have seen a 90.51% increase. As at 31 January 2026:
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