SOLD
Sold on 06 Apr 2024 for $2,470,000

22F/5 Bayview Street
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 374m2
Land area: 946m2
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Property Details for 22f/5 Bayview St, Runaway Bay

22f/5 Bayview St, Runaway Bay is a 3 bedroom, 2 bathroom Unit and was built in 1991. The property has a land size of 946m2 and floor size of 374m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Runaway Bay in the last 12 months.

Building Type
Unit
Year Built
1991
Floor Size
374m2
Land Size
946m2
Local Government
Gold Coast City
Lot/Plan
79/BUP11509

Last Listing description (July 2024)

Perched atop the 22nd floor of Bayview Shores, you'll find an enormous three-bedroom apartment that's just calling out for a savvy professional, a down-to-earth down-sizer, or an empty-nester eager for a change of scenery. With the Gold Coast sparkling from below, this impressive dwelling offers an embrace of the coastal living, minus the sand in your shoes.

Built in 1991, this colossal apartment wears its age like a fine wine. Its wrap-around veranda serves up a panoramic view of the sparkling Broadwater and the Pacific Ocean, promising countless mesmerising sunrises. Two side-by-side car parks and a generous storage cage ensure ample room for your wheels and whatever toys you need to store.

Features:

- Enormous Master is imposing with direct balcony access and ensuite
- The other 2 bedrooms are bigger than most other master bedrooms
- Proactive committee in place that are ensuring the property is maintained to a high standard
- A floorplan boasting a gigantic size that offers infinite possibilities
- Two convenient car parks positioned side-by-side
- A sizeable storage cage for all those 'just-in-case' items
- A wrap-around veranda providing 270-degree coastal views
- Watch as the lights of the Gold Coast shimmer and sparkle
- Views over Stradbroke Island allow whale and ocean watching
- An open-plan living concept that promotes interaction and fluidity
- A modern kitchen, ready to churn out countless culinary adventures
- Resort style facilities including 2 pools, gym, sauna, tennis court
- A heated indoor pool for year-round aquatic enjoyment
- Direct access to the Broadwater for spontaneous seaside frolics

Outgoings -
- Body corporate fees $225pw approx.
- Sinking fund $688,225 as of 20/12/2023
- Council rates $2800pa approx
- Water rates $1700pa approx

It's worth noting the property's proximity to a handful of handy necessities and niceties. Popping out for a grocery run or retail therapy is a breeze, with Runaway Bay Shopping Centre and Harbour Town just a short car ride away. Not to mention the Broadwater shoreline, where the waves gently lap against the shore, awaits right at your doorstep.

You're not just buying an apartment, you're securing your own piece of coastal paradise.

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 22f/5 Bayview St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$2,470,000
06 Apr 2024
  • 06 Apr 2024
    Sold for $2,470,000
  • 09 Mar 2024
    Listed for Sale $2,470,000
  • 22 Sep 2010
    Sold for $1,280,000
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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 5,303 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.
There are currently 58 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Runaway bay.

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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.