56/1 Grenada Way, Parrearra, QLD 4575 | Property Value & History | OnTheHouse
OFF MARKET

56/1 Grenada Way
Parrearra QLD 4575

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 184m2
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Property Details for 56/1 Grenada Way, Parrearra

56/1 Grenada Way, Parrearra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 184m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2003
Floor Size
137m2
Land Size
184m2
Local Government
Sunshine Coast Regional
Lot/Plan
56/SP149947

Last Listing description (November 2025)

Discover Apartment 56 at Leeward Apartments, a rare penthouse opportunity in one of Parrearra's most sought-after complexes. Surrounded by scenic walking and cycling paths, this stunning home offers the ultimate Sunshine Coast lifestyle. Spend your weekends fishing, enjoying a relaxing stroll along the water's edge, or dining at the popular Green Zebra restaurant just moments away. With the bike path providing direct access to Mooloolaba, you'll have everything you need at your fingertips.

The developers of Leeward Apartments have perfectly combined sophistication and functionality with a waterside vibe that's felt as soon as you step inside. Designed to capture natural light and breezes, this residence offers timeless appeal with an effortless coastal elegance.

The centrally located kitchen is a true showpiece, overlooking the living and dining spaces. It boasts stone benchtops, a large island bench with breakfast bar, seamless two-tone cabinetry, and quality appliances — including a wine fridge built into the island. Pendant lighting completes this modern and inviting space, while ducted air-conditioning and ceiling fans ensure year-round comfort.

Flowing seamlessly from the living area, the spacious tiled alfresco balcony is ideal for entertaining friends and family. Complete with an awning for shade, this outdoor zone has been designed around the Sunshine Coast lifestyle, offering the perfect spot to unwind or host weekend gatherings.

The master suite is positioned at the rear of the apartment for privacy and tranquillity. Featuring large glass stacker doors, it offers direct balcony access, ducted air conditioning, a ceiling fan, and a generous walk-in robe. The stunning ensuite is finished with custom cabinetry, stone benchtops, his-and-hers basins, floor-to-ceiling neutral tiles, a semi-frameless shower, quality fixtures, and a step-up bath with louvred shutters.

Bedrooms two and three are located at the front of the apartment, both featuring built-in robes, ceiling fans, ducted air conditioning, and direct balcony access. They are serviced by a beautifully appointed main bathroom. The apartment also includes a well-equipped laundry and two secure underground car spaces.

This secure, gated community offers a fabulous range of resort-style facilities for residents to enjoy including a swimming pool and lap pool, heated spa, tennis court, fully equipped gym and beautifully landscaped grounds.

Located just minutes from Kawana Shoppingworld, cinemas, cafes, Brightwater, Birtinya hospital precinct, parks, schools, and world-class beaches, Parrearra is perfectly positioned for convenience and lifestyle.

Whether you're downsizing to a modern, low-maintenance home or looking for a premium investment in one of the Sunshine Coast's most desirable locations, this penthouse is a must to inspect.

* Penthouse Apartment In Leeward Apartments, Parrearra
* 3 Spacious Bedrooms, 2 Bathrooms, 2 Secure Car Spaces
* Modern Kitchen With Stone Benchtops & Quality Appliances
* Open-Plan Living With Neutral Coastal Palette
* Alfresco Balcony Designed For Entertaining
* Resort-Style Facilities Including Pool, Spa, Gym & Tennis Court
* Close To Shops, Transport, Schools & The River
* Ideal Downsizer, Lifestyle Property, Or Premium Investment

Property History for 56/1 Grenada Way, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$880,000
08 Sep 2021
Listed for Rent
$450/w
23 Nov 2011
  • 06 Nov 2025
    Listed for Sale $1,350,000
  • 08 Sep 2021
    Sold for $880,000
  • 28 Jan 2015
    Sold for $455,000
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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 75.86% increase in median value, while Units have seen a 86.95% increase. As at 31 March 2026:

  • The median value for Houses in Parrearra is $1,646,433 while the median value for Units is $996,379.
  • Houses have a median rent of $980 while Units have a median rent of $695.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Parrearra on OnTheHouse. According to Cotality's data, 122 properties were sold in the past 12 months in Parrearra.

Suburb Insights for Parrearra 4575

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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.