105/33 Madang CrescentRunaway Bay QLD 4216
Property Details for 105/33 Madang Cres, Runaway Bay
105/33 Madang Cres, Runaway Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 60m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (October 2022)
Introducing this low maintenance modern mezzanine floor apartment in 'Cove 35', a spacious Ground floor Apartment In a Highly Sought After Residential only Waterfront Block!
As you enter you are greeted by the refreshing open plan floor plan boasting a comfortable 56sqm. This well kept apartment is the perfect opportunity for your astute investor or owner occupier looking to enjoy peaceful waterfront style living in Runaway Bay.
Possessing a neat kitchen with ample storage space, you will be greeted by the open style living/dining area which takes you to your own South facing covered outdoor courtyard. The master bedroom offers a bountiful built-in wardrobe and a tidy private bathroom with the laundry area neatly tucked away. The bedroom also offers bi-fold style sliding doors which can be opened to allow natural light and a cool breeze into the bedroom or closed for maximum privacy.
'Cove 35' offers the perfect relaxed waterside living with a sparkling pool and BBQ area overlooking the canal. The 12-year-old building is highly desirable with its ideal location being just a short walk to Runaway Bay Shopping Village, medical facilities, bus stop local cafes and the Broadwater. The building also offers on-site managers, caretakers, security cameras, secure basement car parking and is always highly maintained.
Apartment features:
Bright and spacious floorplan spanning 56sqm
Modern apartment with nothing needed to be done
Low maintenance ground floor apartment
Airconditioned and ceiling fans installed
Modern well-kept building
Residential only (no holiday letting)
Low body corporate
Relaxed waterside living
Pool, BBQ and communal pontoon
Serious seller
Currently tenanted at $350 per week (due to increase to $355)
Financials:
Body Corporate - $91 Per Week
Council Rates - $2,248 Per Year
Water Rates - $1,256 Per Year
Currently tenanted at $355 per week until 22/04/23
Rental estimate of $450 to $500 per week
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 105/33 Madang Cres, Runaway Bay, QLD 4216
- 01 Oct 2022Sold for $345,000
- 05 Sep 2022Listed for Sale Offers over $350,000
- 08 Mar 2018Sold for $237,000
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0About 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 88.45% increase in median value, while Units have seen a 86.98% increase. As at 31 October 2024:
- The median value for Houses in Runaway Bay is $1,698,357 while the median value for Units is $957,286.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
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