OFF MARKET

3/106 Bayview Street
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 441m2
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Last updated 11 Nov 2024
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Property Details for 3/106 Bayview St, Runaway Bay

3/106 Bayview St, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 441m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1980
Floor Size
111m2
Land Size
441m2
Local Government
Gold Coast City
Lot/Plan
3/BUP3963

Last Listing description (August 2023)

Experience a lifestyle of unparalleled convenience with this first floor apartment, nestled in a prime waterside location of Runaway Bay. Perfectly suited for investors or owner-occupiers seeking exceptional value, this residence offers a wealth of amenities just a short stroll from the renowned Runaway Bay Shopping Centre. Prepare to be captivated by the ultra-convenient lifestyle on offer, with every essential at your fingertips, including easy access to public transport and your very own private boat ramp within the complex.

Step inside and discover a well-appointed kitchen featuring modern appliances and ample storage space. The thoughtfully designed layout encompasses two bedrooms, both complete with built-in robes, while the master bedroom boasts the added luxury of an ensuite and a private balcony, creating a peaceful retreat for relaxation.

The open plan lounge and dining area seamlessly flow onto an outdoor tiled balcony area, perfect for enjoying the pleasant coastal climate and entertaining guests. Revel in the cool sea breezes that circulate through the living space, complemented by the convenience of split system air-conditioning. Additionally, the main bathroom includes a bathtub and a combined laundry, providing practicality and comfort. Oversized lock up garage with automatic door with plenty of storage space.

This walk-up apartment complex offers secure foyer access, ensuring a sense of security and peace of mind. Situated within a waterfront complex, residents enjoy exclusive access to a private boat ramp, a refurbished swimming pool, a sauna, and a BBQ area. Embrace the coastal lifestyle and make the most of the enviable location, with the Broadwater just moments away, offering a plethora of water-based activities and scenic walks.

With a low body corporate fee of $95 per week and a healthy sinking fund, this complex presents an attractive opportunity. The pet-friendly nature of the community and ample visitor car parking further enhance the desirability of this residence.

Investors will appreciate the strong rental appraisal of $550 per week, highlighting the potential for solid returns. Lease is in place until 10.11.2023

Don't miss out on this exceptional opportunity to embrace a first-class lifestyle in Runaway Bay. Contact Zac Lucas today on 0438 444 845 to arrange a private viewing and secure this ultra-convenient first floor apartment.

Property History for 3/106 Bayview St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$520,000
07 Jul 2023
Listed for Rent
$370/w
11 Nov 2020
  • 07 Jul 2023
    Sold for $520,000
  • 30 May 2023
    Listed for Sale $520,000
  • 10 Oct 2020
    Listed for Rent $370 / week
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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 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 57 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 276 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.