501/255-261 Boundary StreetCoolangatta QLD 4225
Property Details for 501/255-261 Boundary St, Coolangatta
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.
Last Listing description (July 2026)
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 area
THE FINER DETAILS
Rental 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 23.2.2026
Sinking Fund: $1,258,031.75 as at 23.2.2026
Zone: High Density Residential
Building Name: Rainbow Commodore
Apartments in the Building: 43
Building size: 2,919m2
Unit size: 126m2
Year Built: 1983
Holiday Appraisal per week approx:
Off Season $1,400
School Holidays $1,995
Easter/Events $2,450
Christmas $3,695
WHERE TO FROM HERE
160m to Pipi's Restaurant
350m to Snappers Rocks
400m to Black Dingo Caf
400m to Rainbow Bay Surf Club
1km to Duranbah
1.1km to Greenmount Beach, Greenmount Surf Club & Twin Towns Services Club
1.6km to Tweed Mall Shopping Centre
1.8km to The Strand Shopping Centre, as well as restaurants/cafes & Coolangatta beaches
4.2km to Gold Coast International Airport
105km to Brisbane
A 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.
DISCLAIMER
This 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 properties
Spacious living areas, Central Location, Fifth floor apartment
Property History for 501/255-261 Boundary St, Coolangatta, QLD 4225
- 22 May 2026Listed for Sale $1,490,000
- 27 May 2008Sold for $480,000
- 18 Nov 1982Sold for $109,000
Recent sales nearby
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0About 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 6,485 properties. Over the last 5 years, Houses in Coolangatta have seen a 64.94% increase in median value, while Units have seen a 65.98% increase. As at 30 June 2026:
- The median value for Houses in Coolangatta is $1,914,398 while the median value for Units is $1,383,769.
- Houses have a median rent of $1,150 while Units have a median rent of $810.
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