OFF MARKET

29G/5 Bayview Street
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 280m2
Land area: 946m2
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Property Details for 29g/5 Bayview St, Runaway Bay

29g/5 Bayview St, Runaway Bay is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1991. The property has a land size of 946m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1991
Floor Size
280m2
Land Size
946m2
Local Government
Gold Coast City
Lot/Plan
100/BUP11509

Last Listing description (June 2022)

Situated on the shores of the Gold Coast's stunning coastline, Bayview Shores invites you to experience the absolute oceanfront lifestyle. This impressive sub-penthouse is located on the 29th floor and presents a rare opportunity to acquire one of its tightly held sky homes.

A half floor of 348m2 of internal and external living with balconies of each bedroom and the living area makes this a distinctly unique offering in luxury apartment living. Floor to ceiling glass throughout the entire apartment ensures the Broadwater, Ocean and Hinterland vistas are captured from sunrise to sunset.

The moment you step into your private foyer you are greeted by a stunning entrance, framed by the endless vista of blue ocean with spacious living options covering half of the floor in this exclusive building. This sub-penthouse enjoys uninterrupted ocean views down the famous Surfers skyline, out to the ocean, across to the Hinterland and up north.

This apartment offers 2 spacious bedrooms including a huge master bedroom with luxurious spa en-suite, two full size marble bathrooms, a separate powder room, a potential 3rd bedroom (currently used as a study), along with a spacious and well equipped open plan kitchen featuring Miele appliances.

The building also offers a residents' club that is equipped with a full commercial kitchen and bar and is available for your special occasion or to catch up with friends over a Sunday BBQ.

The apartment has two side by side car parks along with secure storage on title.

With a body corporate of only $185.69 per week this is a fantastic proposition for the owner / occupier or investor seeking to capitalize on future growth.

Runaway Bay is one of the major destinations favored by boating enthusiasts due to its bridge free ocean access.

Features:

- 2 bedrooms plus study (potential 3rd bedroom with access to bathroom)
- 2 bathrooms plus powder room
- massive storage options throughout the entire apartment
- 348m2 of single level living right on the ocean
- 2 side-by-side car spaces with separate lock up storage
- Multiple indoor and outdoor entertaining areas
- Close to restaurants and shopping and prestigious schools
- Access to shared pontoon for residents
- Five star resort facilities including indoor/outdoor pools, spa, sauna, tennis
court, gym and games room
- Residents' Club with full commercial kitchen and bar

Property History for 29g/5 Bayview St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,890,000
01 Jul 2021
  • 01 Jul 2021
    Sold for $1,890,000
  • 27 Oct 2020
    Listed for Sale $2,200,000
  • 23 Feb 2005
    Sold for $1,670,000
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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 5,316 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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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.