40 Rapallo Gr, Madora Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 351m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Ideally suited to the astute investor, this modern 3 bedroom, 2 bathroom coastal home presents an outstanding opportunity with a secure lease in place to Defence Housing Australia until 2030. Currently returning $650 per week, it's an appealing addition or beginning to any investment portfolio.
Completed in 2022, the residence has been thoughtfully designed for low maintenance living, with a contemporary interior and quality finishes throughout. A versatile layout offers multiple living zones, including a separate lounge or theatre room and a spacious open plan area combining the kitchen, dining, and family spaces.
All three bedrooms are positioned to one side of the home, with the master enjoying a stylish ensuite, while the remaining bedrooms are serviced by a sleek central bathroom.
With secure rental income and a long term lease in place, this is a truly hands off investment in a premium lifestyle setting.
Features of the home include:
- Centrally placed kitchen overlooking the main living area, with a freestanding stainless-steel oven, ample crisp white cabinetry including both upper and lower options and a full height double pantry, plus stone benchtops and a freestanding island for gathering around
- Open plan living and dining area, with hybrid timber flooring, a modern muted colour scheme and a generous design for complete comfort
- Separate lounge, with carpeted flooring and an open entry to allow seamless travel to the main living area beyond
- Spacious master suite to the front of the home, with soft carpet underfoot, plenty of natural lighting and a walk-in robe for storage, with an ensuite equipped with a glass shower enclosure, vanity with overhead mirrored storage and a WC
- Two further carpeted bedrooms, both with full height sliding door robes
- Main bathroom with a bath, glass shower enclosure and vanity, with a separate WC for convenience
- Sizeable laundry with direct exterior access
- Ducted reverse cycle air conditioning throughout
- Instant gas hot water system
- 6 kW solar panel system with 12 panels
- Sheltered alfresco directly accessed from the main living area for a seamless indoor to outdoor flow, with exposed aggregate flooring for a modern and easy care design
- Fully fenced backyard, with a built-in bench for seating, a dedicated garden bed for the veggies and a handy shed for storage
- Contemporary exterior for a welcoming street appeal, with lawn and garden beds included
- Automatic reticulation throughout
- Security screens to the windows and doors
- Double remote garage, with driveway parking beforehand
Located within walking distance of a beautiful parkland, with sporting facilities equally close by and of course the sensational coastline and beaches, this pristine setting provides an exceptional coastal position to enjoy a laid back lifestyle, with endless recreational opportunity on hand. The local shopping centre is fully stocked with a variety of retail and dining options, with a choice of schooling within reach and both public transport and road links, including a nearby train station for uninterrupted travel throughout.
With limited photos available, this property is open for viewing by private appointment only. Get in touch to arrange your exclusive inspection...
Contact Katie from Cocolane Real Estate | Katie Yates - 0431 816 597
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent nor the client nor servants of both, guarantee their accuracy. Interested persons are advised to make their own enquiries and satisfy themselves in all respects. The particulars contained are not intended to form part of any contract
The size of Madora Bay is approximately 4.0 square kilometres. There are 12 parks, covering nearly 14.3% of the total area. The population of Madora Bay in 2016 was 2728 people. By 2021 the population was 3830 showing a population growth of 40.4% in the area during that time. The predominant age group in Madora Bay is 0-9 years. Households in Madora Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Madora Bay work in a trades occupation.In 2021, 83.30% of the homes in Madora Bay were owner-occupied compared with 78.50% in 2016.
Madora Bay has 3,395 properties. Over the last 5 years, Houses in Madora Bay have seen a 98.07% increase in median value, while Units have seen a 25.17% increase. As at 31 August 2026:
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