SOLD
Sold on 06 Feb 2024 for $8,500,000

3 Howard Street
Runaway Bay QLD 4216

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 318m2
Land area: 1570m2
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Property Details for 3 Howard St, Runaway Bay

3 Howard St, Runaway Bay is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 1570m2 and floor size of 318m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 6 bedroom House sold in Runaway Bay in the last 12 months.

Building Type
House
Year Built
1995
Floor Size
318m2
Land Size
1570m2
Local Government
Gold Coast City
Lot/Plan
1/SP128103

Last Listing description (August 2024)

This is a once in a lifetime opportunity to secure one of the rarest pieces of real estate currently available on the Gold Coast. This prized site has only sold once in the last 50 Years. Being one of the largest land holdings in the highly sought after waterfront suburb of Runaway Bay, 1-3 Howard Street is a highly coveted trophy site with its prized due north east position overlooking the Gold Coast Broadwater and beyond. This residence sprawls over an enormous point position 1,570m2 block and boasts 76m* of extremely rare north east white sandy beach and is fronted by an enormous body of water with a huge 13.5 metre* fixed jetty plus a commercial grade 16 metre* pontoon with bait tanks, dry dock for twin or single hull, power and water.

The current older 'As is' beach shack consists of 6 large bedrooms, 4 bathrooms and multiple living and entertaining areas. It offers a large waterfront swimming pool and multiple bbq areas along with a huge grassed area and Palm trees surrounding the property.

The property boasts endless possibilities and can serve as a blank canvas for a landmark home to be built, a sensational holiday home or site for future development. Offering magnificent water and skyline views from the Seaway North to Sovereign Island. All this, only moments from some of the Northern Gold Coast's finest restaurants, cafe's, shopping centres, schools, sporting precincts and Runaway Bay Marina. Be quick to inspect this opportunity of a lifetime as this property will not last long.

* Once in a lifetime opportunity to purchase an extremely rare blue chip broadwater site
* 1,570m2 of prime waterfront land directly on the Broadwater and to the ocean making for the ultimate location to build your dream home
* Surrounded by wide water and situated on a due north east facing point position block
* Enormous 76m* wide water frontage with very rare white sandy beach
* commercial grade 16 metre* pontoon with bait tanks, power, water, multi hull dry dock .
* Huge 13.5 metre* fixed jetty perfect for year round entertaining.
* The property also boasts almost 60m of road frontage
* Has an existing 'AS-IS' 6 bedroom, 4 bathroom beach shack with in-ground pool which could provide holding rental income whilst your dream home is being designed or for the astute investor wanting to land bank
* Lush trees surround the boundaries of the property offering extreme privacy
*Currently zoned RD3 - Up to 6 dwellings on the block subject to council approval - 9m height restriction
*Golden opportunity - Contact the agents to organise an inspection today

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 inquiries to verify the information contained herein.

* = Approx

Property History for 3 Howard St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$8,500,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $8,500,000
  • 19 Dec 2023
    Listed for Sale Contact Agent
  • 17 Oct 2016
    Sold for $3,300,000
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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.

Suburb Insights for Runaway Bay 4216

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Contact agent
Jackson Paradise
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Michael Willems
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Surfers Paradise-Commercial Property Management Division
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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.