Tower of Terror II is a steel shuttle rollercoaster which blasts guests using an electromagnetic launch system at speeds of 100mph up a 377-feet-tall tower. The ride car (dubbed the "Escape Pod") reaches a maximum height of 328 feet, before plummeting back down into the station below.

Originally, guests faced forwards on the Intamin-built coaster, meaning that they had a view of the sky as they were fired towards it. In the revamped Tower of Terror II (which debuted in 2010), they instead start facing a "dark void" before seeing the ground rapidly recede away from them. They then see it rush back towards them as they drop back down into the station, experiencing weightlessness both on the launch and on the fall.

Tower of Terror opened in January 1997 and is one of Dreamworld's headline attractions. Although some rollercoaster fans dispute its status as a "true" coaster due to its short circuit, it is often listed as the fourth fastest roller coaster in the world. Six Flags Magic Mountain hosts the only other Intamin reverse freefall coaster in the world, Superman: Escape from Krypton.