50/1 Grenada Way, Parrearra, QLD 4575 sold on 02 November 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 02 Nov 2025 for $1,015,000

50/1 Grenada Way
Parrearra QLD 4575

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Save

Property Details for 50/1 Grenada Way, Parrearra

50/1 Grenada Way, Parrearra is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2003. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom Apartment sold in Parrearra in the last 12 months.

Building Type
Apartment
Year Built
2003

Last Listing description (November 2025)

Where spacious design, privacy, and resort-style amenities meet in one of the Sunshine Coast's most desirable Island locations, this beautifully maintained original apartment offers an exceptional opportunity to secure a relaxed lifestyle or investment in the heart of Kawana Island.
Positioned on the third level of the sought-after Leeward Apartments complex, this generous three-bedroom residence enjoys a desirable northeast aspect, inviting in morning light and cooling breezes throughout the day. The apartment is in tidy original condition, offering excellent potential to move in as-is or update over time.
Inside, a thoughtful layout creates a sense of space and separation. The open-plan living and dining area is filled with natural light and flows seamlessly to an expansive covered balcony – perfect for entertaining or simply enjoying the serene surroundings. The kitchen, neat and functional, provides ample bench space and storage, with scope to modernise at your leisure.

The master bedroom is privately positioned with a walk-in wardrobe and generous ensuite, while two additional bedrooms include built-in robes and access to the balcony – ideal for family, guests or a work-from-home setup. Being positioned forward of the adjoining apartments and an elevated position, the home enjoys peace and privacy throughout.
Apartment Features:

• Third level position with direct lift access
• Sunlit northeast-facing balcony for year-round enjoyment
• Generous layout
• Three well-sized bedrooms, master with walk-in robe and large ensuite
• Ducted air-conditioning, separate laundry and generous storage
• Secure, pet-friendly complex with lift access and intercom
• 2 separate basement parking with additional lockable storage
• Wheelchair friendly
Leeward Complex Amenities:
• Resort-style lagoon pool and spa surrounded by tropical gardens
• Two-lane lap pool, gym, sauna, BBQ area and tennis court
• Fully gated community with on-site management and guest parking
Lifestyle and Location:
Perfectly positioned just a short stroll to the Double Bay dining precinct, you'll enjoy easy access to Green Zebra Restaurant, Vrina Mezze Bar, cafes, and waterfront parklands. With over 10km of walking and cycling paths, kayaking, paddleboarding, and beaches nearby, this location offers a relaxed island lifestyle just minutes from everything you need.
Enjoy close proximity to local shopping, the Sunshine Coast University Hospital, quality schools, public transport, and the Sunshine Coast Airport. Whether you're looking for a permanent home, a lock-and-leave coastal retreat, or a smart investment, this property delivers on every level.
Apartments in Leeward are tightly held, and third floor residences like this are rarely offered. The current owners are motivated to sell and ready to meet the market.
Contact us today to arrange your private inspection.

Property History for 50/1 Grenada Way, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$1,015,000
02 Nov 2025
Listed for Rent
$490/w
04 Jul 2016
  • 02 Nov 2025
    Sold for $1,015,000
  • 07 Dec 2018
    Sold for $551,000
  • 10 Oct 2017
    Listed for Sale UNDER CONTRACT
Sign in to see more transactions
Commute Calculator

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 90.73% increase in median value, while Units have seen a 89.76% increase. As at 30 November 2025:

  • The median value for Houses in Parrearra is $1,592,584 while the median value for Units is $951,228.
  • Houses have a median rent of $913 while Units have a median rent of $690.
There are currently 17 properties listed for sale, and 1 property listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Parrearra.

Suburb Insights for Parrearra 4575

Market Insights
Parrearra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Parrearra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Karen Jones
Show contact details
agent headshot
Paul Jenkins
Show contact details
Adams & Jones Property Specialists
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.