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Runaway Bay QLD 4216

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SUPERB WATERFRONT LOCATION!!

SUPERB WATERFRONT LOCATION!!
This complex is situated on the water with access to the Broadwater and sea. Nestled on the edge of the Broadwater shaded by two acres of tropical palm trees, this complex is for those with a need to relax by the pool or fish from the jetty. Public transport is in close proximity to the complex, allowing easy access to all that the Gold Coast has to offer.
This 3-Storey walk-up complex offers self-catering apartments. All the apartments have either balconies or garden courtyards. There is also secured undercover parking and a boat ramp. All apartments have either ceiling fans and are air-conditioned, the location means that the sea breeze make conditions very pleasant. Cable TV is also available in all apartments.
A spacious ground floor 3 bedroom, 2 bathroom manager's apartment, good size lounge, well-equipped kitchen with direct access to an on-tile office/reception. The ability to rent out both the apartment and the marine jetty (equates to $24K - not shown in the P+L). No requirement to live onsite and No office hours.
To arrange an inspection please call: Gavin - 0409608854 or email: admin@gavernproperty.com.au
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Details for Contact Agent For Address, Runaway Bay

Building Type
Commercial

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About Runaway Bay 4216

The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years. Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.

Runaway Bay has 5,316 properties. Over the last 5 years, Houses in Runaway Bay have seen a 88.18% increase in median value, while Units have seen a 79.67% increase. As at 31 July 2024:

  • The median value for Houses in Runaway Bay is $1,738,775 while the median value for Units is $911,351.
  • Houses have a median rent of $1,000 while Units have a median rent of $660.
There are currently 67 properties listed for sale, and 10 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Runaway bay.

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Gavern Property - Management Rights & Real Estate Gold Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.