501/255-261 Boundary St, Coolangatta is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. 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 May 2008.
Positioned on the fifth level of Rainbow Commodore, this spacious apartment presents a rare opportunity to secure a coastal residence within one of the Southern Gold Coast's most tightly held beachside pockets, Rainbow Bay.Generous proportions, extensive storage, and a practical floorplan make the apartment exceptionally well suited to a range of buyers - whether as a permanent residence, lock-and-leave coastal base, holiday apartment, or quality long-term investment.Designed with easy living in mind, the layout provides excellent separation between bedrooms and living spaces, while the open-plan kitchen, living, and dining area captures corridor ocean views, natural light, and coastal breezes. Multiple balconies, separate laundry, and extensive storage throughout combine to create a scale and functionality rarely seen within two-bedroom beachside apartment living.Tastefully updated throughout, the apartment is move-in ready and presents an increasingly rare opportunity to secure a spacious residence within Rainbow Bay. FEATURES- Fifth floor beachfront apartment with ocean outlook - Spacious living area capturing ocean views- 3 balconies offering places to relax or entertain with sea breezes- Functional kitchen with generous storage and cupboard space - Master bedroom featuring walk through robe & bathroom - Walk in wardrobe to bedroom with two-way bathroom with combined shower/bath- Ceiling fans & air conditioning throughout - Separate laundry flowing out to balcony area - Hallway storage providing practical functionality - Secure undercover 20m parking area with large storage cage - Secure entry to apartment with intercom & lift access - Resort style heated swimming pool, half tennis court & outdoor entertaining areaTHE FINER DETAILSRental Appraisal: $900 - $950 per week approx Rates: $3,824.52 annually approx Body Corporate: $177.94 weekly approx Administrative Fund: $80,469.43 as at 23.2.2026Sinking Fund: $1,258,031.75 as at 23.2.2026Zone: High Density ResidentialBuilding Name: Rainbow CommodoreApartments in the Building: 43Building size: 2,919m2Unit size: 126m2Year Built: 1983Holiday Appraisal per week approx: Off Season $1,400School Holidays $1,995Easter/Events $2,450Christmas $3,695WHERE TO FROM HERE160m to Pipi's Restaurant 350m to Snappers Rocks400m to Black Dingo Caf 400m to Rainbow Bay Surf Club 1km to Duranbah1.1km to Greenmount Beach, Greenmount Surf Club & Twin Towns Services Club1.6km to Tweed Mall Shopping Centre 1.8km to The Strand Shopping Centre, as well as restaurants/cafes & Coolangatta beaches4.2km to Gold Coast International Airport 105km to BrisbaneA rare opportunity to secure an oceanfront lifestyle in one of the Southern Gold Coast's most sought-after beachside locations - where coastal living and everyday convenience come together seamlessly.Contact Belinda Trotman on 0412 881 818 for more information.DISCLAIMERThis property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.Some images in this listing have been virtually staged. Digital furniture and dcor have been added to assist buyers in visualising the space. All items shown are digitally rendered, are not present at the property, and are not included in the sale. Original photos are available upon request.The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any propertiesSpacious living areas, Central Location, Fifth floor apartment
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 6,484 properties. Over the last 5 years, Houses in Coolangatta have seen a 82.09% increase in median value, while Units have seen a 71.67% increase. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.