11/2 Double Island DriveRainbow Beach QLD 4581
Property Details for 11/2 Double Island Dr, Rainbow Beach
11/2 Double Island Dr, Rainbow Beach is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 121m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (December 2025)
A rare opportunity to secure a premium dual-key townhouse in the heart of Rainbow Beach delivering strong rental returns, lifestyle flexibility, and timeless Hamptons-inspired coastal charm.
Whether you're seeking a high-performing investment, a low-maintenance beach retreat, or the perfect balance of both, this beautifully renovated Townhouse-style residence offers exceptional value and versatility.
Live in one and rent the other, or enjoy the income while reserving your own getaway dates.
This unique property is probably best suited to someone looking to set up a self-managed super fund or a cash buyer!
Property Highlights -
* Dual-key, fully furnished townhouse offering two self-contained 1-bedroom apartments
* Each level features a kitchenette, bathroom, and private balcony with ocean or garden views
* Elegant Hamptons-inspired design with stylish interiors, soft coastal tones, and high-end finishes
*Modern, classy renovations with quality furnishings and thoughtful dcor
* Lock-up single garage with dual storage boxes for guests
* Gross income exceeding $110,000 p.a. (20242025 financial figures), with the last 3 years' financial information now available.
* High occupancy rates with consistent bookings through Airbnb, Booking.com, into 2026
* Flexible configuration ideal for dual occupancy, holiday letting, or owner living
Resort Amenities -
*Sparkling swimming pool, fully equipped gymnasium, and children's playground
*Bali hut-style BBQ and picnic zones framed by beautifully landscaped tropical gardens
* Body corporate fees only $7,750 p.a., covering building insurance and all exterior maintenance
Location Advantages-
*Less than 250 metres to the beach stroll to surf, shops, and cafes
* Central to Rainbow Beach Village boutique stores, IGA, RSL, and local school
* Close to Carlo Point Marina, Double Island Point, and World Heritage-listed K'gari (Fraser Island)
* Under 3 hours from Brisbane, making it an ideal holiday or lifestyle investment
Why You'll Love It -
This stunning, Hamptons-inspired coastal townhouse embodies effortless style, strength, and sophistication. Combining beachside serenity with a proven income stream, it's the ultimate set-and-forget investment in one of Queensland's most desirable seaside destinations.
Contact Ali Zengin today on 0403 423 124 to arrange your private inspection.
Property History for 11/2 Double Island Dr, Rainbow Beach, QLD 4581
- 29 Oct 2025Listed for Sale $749,000
- 04 Mar 2022Sold for $490,000
- 23 Sep 2019Sold for $220,000
Recent sales nearby
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0About Rainbow Beach 4581
The size of Rainbow Beach is approximately 13.3 square kilometres. It has 12 parks covering nearly 3.2% of total area. The population of Rainbow Beach in 2016 was 1249 people. By 2021 the population was 1220 showing a population decline of 2.3% in the area during that time. The predominant age group in Rainbow Beach is 60-69 years. Households in Rainbow Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rainbow Beach work in a managers occupation.In 2021, 65.10% of the homes in Rainbow Beach were owner-occupied compared with 57.70% in 2016.
Rainbow Beach has 1,416 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 85.73% increase in median value, while Units have seen a 106.17% increase. As at 30 November 2025:
- The median value for Houses in Rainbow Beach is $870,460 while the median value for Units is $591,374.
- Houses have a median rent of $650 while Units have a median rent of $450.
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