12/103 Cooloola Dr, Rainbow Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 146m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Located approximately 1 hour and 30 minutes drive from Sunshine Coast Airport, 1 hour from Noosa and 45 minutes from Gympie, Rainbow Ocean Palms Resort enjoys an unequalled position on highly sought-after and tightly-held Cooloola Drive, the highest point in Rainbow Beach.
Unit 12 The Penthouse boasts stunning 180+ degree views north to World Heritage Listed Kgari (Fraser Island) and the Great Sandy Strait, east overlooking Rainbow Beachs pristine beach, Pacific Ocean and surrounding national park, and west over Tin Can Bay Inlet. This top-level unit is open on three sides, capturing the natural light and sea breezes via two balconies and many well placed windows and louvres. The units northern aspect holds the winter sun, while protecting from winters westerly winds, while in summer, the natural shade and sea breezes keep the unit cool.
Situated in a quiet cul-de-sac away from the hustle and bustle of the village, this is a peaceful and private oasis. The well planned unit has a large master bedroom with ensuite and balcony. The master bedroom can be opened to the main living area which itself is open plan and flows onto the patio for easy entertaining. Another two light and airy bedrooms and a main bathroom make this unit perfect for a family, or couple or single looking for ample space for work or visitors, or alternatively, the perfect investment option for holiday rental.
The kitchen is well appointed and incorporates an island bench and stools, ideal for gatherings or relaxed family time. A handy hidden laundry area ensures the washing is looked after efficiently without taking up valuable space, and ducted air conditioning throughout will keep you cool in summer and warm in winter. The unit has two basement car parks with attached lockable storage area, just metres from the lift that services all levels.
The resort complex offers an infinity pool with adjacent recreational area, BBQ and alfresco dining, for all your outdoor entertaining needs. The body corporate has a solid sinking fund, and the unit has been rented via onsite managers.
This is an extremely rare, once in a lifetime opportunity to purchase this outstanding apartment in a spectacular location the first time it has been offered for sale since the current owners secured the unit from the original developers.
Rainbow Beach Cooloola Coast Gateway to Fraser Island
Other attractions in the area include: the coloured sands, Double Island Point, Great Sandy National Park, Carlo Sand Blow, Carlo Point and Inskip Point camping areas, the nearby fishing village of Tin Can Bay, four wheel drive tours, boating, fishing, bush walking, kayaking, diving, beach horse riding, helicopter joy flights, Kgari (Fraser Island) tours and so much more..
Contact Lex Townsend 0429 832 192 for further information.
The size of Rainbow Beach is approximately 13.3 square kilometres. There are 12 parks, covering nearly 3.2% of the 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 1,422 properties. Over the last 5 years, Houses in Rainbow Beach have seen a 63.65% increase in median value, while Units have seen a 73.59% increase. As at 30 June 2026:
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