BEACHFRONT PARADISE – 1 BEDROOM APARTMENT RAINBOW BAY

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6/5 Ward Street, Coolangatta QLD 4225

$1,050,000

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$1.05M - $1.1M Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car

Listed: 49 days ago

Updated: 3 hours ago

Overview

Located in the coveted coastal suburb of Coolangatta, 6/5 Ward Street offers an exceptional lifestyle opportunity in a well-maintained apartment built in 1988. This apartment benefits from a unique combination of comfort, functionality, and stunning water views, perfectly suited for individuals or couples seeking a serene and stylish seaside retreat.

The spacious design thoughtfully incorporates a well-appointed bathroom alongside a separate toilet, enhancing convenience for both residents and visitors. Ample storage is assured through built-in robes, allowing for efficient organization without compromising the apartment’s clean and uncluttered aesthetic.

One of the key highlights of this property is its private balcony, which provides an ideal setting for relaxation or entertaining, featuring breathtaking vistas of the water. The balcony invites residents to enjoy morning coffees or evening unwinding in a tranquil outdoor ambiance, a rare asset that enhances the appeal of coastal living.

Practical living is further supported by secure parking, giving peace of mind for vehicle safety. Situated at the heart of Coolangatta, the location grants easy access to pristine beaches, a vibrant cafe culture, and local shops, combining convenience with lifestyle benefits.

With Strata levies of $214.39 per week and annual rates of $5,626.93 for 2025, this apartment offers a manageable ownership cost. Whether as a permanent home or an investment, this property stands out for its blend of position, views, and functional layout, embodying an exceptional opportunity to enjoy coastal Queensland living.

Local Market Insights

In Coolangatta, Quiet Listings observed 10 new apartments entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $2,159,400. The property type mix of listed properties is predominantly Apartments at 48%, followed by units (22%), and houses (19%). The most active agency for apartments in the Coolangatta area is currently PRD Nationwide, representing 40% of new listings, followed by McGrath Estate Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.