OFF MARKET

1/45 Bayview Street
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 214m2
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Last updated 28 Oct 2024
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Property Details for 1/45 Bayview St, Runaway Bay

1/45 Bayview St, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 214m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1981
Floor Size
68m2
Land Size
214m2
Local Government
Gold Coast City
Lot/Plan
1/BUP1271

Last Listing description (February 2024)

UNDER CONTRACT

This is an amazing opportunity to secure a fabulous investment property only 100m to the Broadwater and situated in one of the best suburbs of the Northern Gold Coast.

Located just a street away from the beautiful beach and parklands, this ground-floor unit enjoys a private front-end position in this small complex of just 6 units which has very low Body Corporate fees and excellent potential for future redevelopment.

Conveniently located only minutes to Runaway Bay Shopping Village and the Runaway Bay Marina, just a short drive to Harbour Town Shopping Centre and transportation is right at your front door. Walking distance to a variety of local sporting amenities such as Runaway Bay Sports complex incorporating the Gold Coast Performance Centre, Indoor Sports Complex, cricket, tennis & netball clubs, sports fields, cycling and walking tracks.

This is an excellent buying opportunity for entry-level buyers and investors looking for a high-yielding apartment in the heart of Runaway Bay.

Features of this apartment include: -

2 spacious Queen size bedrooms with built-in robes
Open plan kitchen & dining with dishwasher, electric cooktop, and oven
Air conditioning in the lounge room
Combined bathroom with laundry
Second bedroom has private access to the rear communal area
Allocated parkin bay and storage cage
Only 100 metre walk to the Broadwater and Parklands

Property Information and Outgoings

Apartment size 70 sqm
Council Rates $1,124 for 6 months
Water Rates $326 for 3 months
Body Corporate Levies $44 per week
Sinking Fund Balance $13,358 as at September 2022
Current Rental $350 per week

Please contact Peter Jarmer on 0423 009 843 for further information and to arrange an inspection.

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 1/45 Bayview St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$370,000
04 Oct 2022
Listed for Rent
$340/w
14 Dec 2017
  • 18 Oct 2022
    Listed for Sale Not Disclosed
  • 04 Oct 2022
    Sold for $370,000
  • 28 Nov 2017
    Listed for Rent - Price not available
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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 5,301 properties. Over the last 5 years, Houses in Runaway Bay have seen a 83.37% increase in median value, while Units have seen a 80.51% increase. As at 30 September 2024:

  • The median value for Houses in Runaway Bay is $1,661,838 while the median value for Units is $924,584.
  • Houses have a median rent of $1,000 while Units have a median rent of $700.
There are currently 60 properties listed for sale, and 9 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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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.