501/255 Boundary Street, Coolangatta
Listing data updated 6 July 2026
2 bed2 bath1 car
- Positioned on the fifth level of Rainbow Commodore, this spacious apartment presents a rare opportunity to secure a coastal residence within one of the Southern Gold Coast's most tightly held beachside pockets, Rainbow Bay. Generous proportions, extensive storage, and a practical floorplan make the apartment exceptionally well suited to a range of buyers - whether as a permanent residence, lock-and-leave coastal base, holiday apartment, or quality long-term investment. Designed with easy living in mind, the layout provides excellent separation between bedrooms and living spaces, while the open-plan kitchen, living, and dining area captures corridor ocean views, natural light, and coastal breezes. Multiple balconies, separate laundry, and extensive storage throughout combine to create a scale and functionality rarely seen within two-bedroom beachside apartment living. Tastefully updated throughout, the apartment is move-in ready and presents an increasingly rare opportunity to secure a spacious residence within Rainbow Bay. FEATURES - Fifth floor beachfront apartment with ocean outlook - Spacious living area capturing ocean views - 3 balconies offering places to relax or entertain with sea breezes - Functional kitchen with generous storage and cupboard space - Master bedroom featuring walk through robe & bathroom - Walk in wardrobe to bedroom with two-way bathroom with combined shower/bath - Ceiling fans & air conditioning throughout - Separate laundry flowing out to balcony area - Hallway storage providing practical functionality - Secure undercover 20m parking area with large storage cage - Secure entry to apartment with intercom & lift access - Resort style heated swimming pool, half tennis court & outdoor entertaining area THE FINER DETAILS Rental Appraisal: $900 - $950 per week approx Rates: $3,824.52 annually approx Body Corporate: $177.94 weekly approx Administrative Fund: $80,469.43 as at 23.2.2026 Sinking Fund: $1,258,031.75 as at 23.2.2026 Zone: High Density Residential Building Name: Rainbow Commodore Apartments in the Building: 43 Building size: 2,919m2 Unit size: 126m2 Year Built: 1983 Holiday Appraisal per week approx: Off Season $1,400 School Holidays $1,995 Easter/Events $2,450 Christmas $3,695 WHERE TO FROM HERE 160m to Pipi's Restaurant 350m to Snappers Rocks 400m to Black Dingo Café 400m to Rainbow Bay Surf Club 1km to Duranbah 1.1km to Greenmount Beach, Greenmount Surf Club & Twin Towns Services Club 1.6km to Tweed Mall Shopping Centre 1.8km to The Strand Shopping Centre, as well as restaurants/cafes & Coolangatta beaches 4.2km to Gold Coast International Airport 105km to Brisbane A rare opportunity to secure an oceanfront lifestyle in one of the Southern Gold Coast's most sought-after beachside locations - where coastal living and everyday convenience come together seamlessly. Contact Belinda Trotman on 0412 881 818 for more information. DISCLAIMER This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Some images in this listing have been virtually staged. Digital furniture and décor have been added to assist buyers in visualising the space. All items shown are digitally rendered, are not present at the property, and are not included in the sale. Original photos are available upon request. The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties Spacious living areas, Central Location, Fifth floor apartment
RealistIQ deal score
Neutral value signal
44
/100
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Estimate vs market price guide
Market price guide is $91,000 below RealistIQ estimate
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RealistIQ estimate range: $1,232,000 - $1,930,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,581,000
Market price guide$1,490,000
$1,232,000$1,930,00012-month Property Outlook
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Property features
Features detected from the listing details.
Comfort
Air conditioningBath
Kitchen & utilities
Internal laundry
Outdoor & building
Swimming poolBalcony / deck
Security & access
Intercom
Listing details
- Status
- $1,490,000
Agent and agency
larger land
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