Welcome to 56 Rainbow Drive - the perfect opportunity for an investor or first home buyer! Superbly set in the beautiful yet quiet pocket of Mudgeeraba, this neat as a pin, renovated single level home offers spacious and light filled living. Outside, the flat and useable 788m2 block provides a secure and private space, perfect for the kids and pets to play and explore. Enjoy your home sanctuary with a large front patio and at the rear of the property you will absolutely fall in love with the stunning undercover alfresco area that is well complimented by stunning timber beams, making it an entertainers dream home! Featuring: • First class renovated home on a large 788m2 block • Remote electric driveway gate • 3 spacious bedrooms with built in robes and air conditioning • Master bedroom is large in size with ensuite and walk through robe • 2 renovated bathrooms - family bathroom with bath and large shower • The large kitchen is 5 star quality with stone benchtops, plenty of storage space and stainless steel appliances • The open plan living and dining area is complimented by porcelain tiles and reverse cycle air conditioning • Plus study nook • Mirrored linen press / storage • External laundry • Large and fully fenced front and backyard - plenty of room to add a pool and still have space to spare! • Beautifully landscaped with sandstone retaining walls to fully utilise the entire block • Garden shed (3m x 1.6m) • Side access - plenty of space to park a boat, trailer or caravan • Secure and gated driveway parking for 2 cars plus additional street parking • Rental Estimate: $750 - $770 per week • Council Rates: Approx $2,128 per annum • Year built 1986 Mudgeeraba is located just minutes drive from the Pacific Motorway and is an easy commute to the Brisbane CBD and international airport. To the south, the NSW border is within easy reach, passing the Gold Coast International and domestic airports. The bustling Robina Town Centre is approximately 5 minutes drive from your doorstep and provides all the facilities you could possibly require. With Queensland's finest schools (both public and private), beaches, shops, transport and medical facilities all within minutes drive. Don't miss out on this incredible opportunity. This one of a kind gem is not to be missed!