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.
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.
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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:
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