OFF MARKET

31/87-101 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 31/87-101 Morala Ave, Runaway Bay

31/87-101 Morala Ave, Runaway Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1997. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1997
Local Government
Gold Coast City
Lot/Plan
39/GTP105875

Last Listing description (May 2015)

VERY MOTIVATED VENDORS
PURCHASED ELSEWHERE
MUST SELL IMMEDIATELY

PRICE REDUCED FROM $798,000 TO OFFERS OVER $750,000.
Luxurious, modern and tranquil are just a few words to describe this sensational north facing water front villa with private marina berth. This is another fine example of the excellent individual and unique architecture of theses above average sized villas. Located in the much sought after and prestigious Mornington Quays, this immaculately maintained property comes with 3 bedrooms and is a huge 36.5 squares
Mornington Quays is a quiet and luxurious waterfront security gated community ideally located in the heart of Runaway Bay. This villa is surrounded by beautifully maintained tropical gardens with resort facilities (lagoon shaped pool, five star club house and tennis court) and is only minutes from the Broadwater, Runaway Bay Shopping Centre, Harbour Town Shopping Centre, Runaway Bay Super Sports Centre, local schools and first class restaurants.
A superbly presented villa, the 36.5 squares of luxury living include:
Down stairs
Impressive entry
A large sunken formal lounge
Large open plan gourmet kitchen with granite bench tops, pantry and European appliances
Spacious open plan living and dining area opening onto a large and peaceful outdoor sandstone patio which overlooks the canal and is ideal for alfresco dining
Large laundry with good storage space
Powder room
Very attractive internal atrium
Double auto garage
Ample storage space
Upstairs
A huge master bedroom, which opens onto a sandstone balcony overlooking the water.
The master bedroom also features a large ensuite with double vanity, spa with separate shower and toilet as well as a large walk in robe/dressing room
Large mezzanine area suitable to use as an office
Second and third bedrooms are good sized doubles with mirrored built in robes
Very large main bathroom and separate toilet.

Additional inclusions
Private marina berth
Loads of storage space throughout
Eco shutters and high quality fittings to windows
Quality fixtures and fittings throughout including near new carpet
Air conditioning
This is another impeccably presented Mornington Quays property, which is a must to inspect. Be quick as properties within Mornington Quays are very much in demand.

Property History for 31/87-101 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$710,000
06 Mar 2015
  • 06 Mar 2015
    Sold for $710,000
  • 31 Oct 2014
    Listed for Sale OFFERS OVER $750,000
  • 13 Jan 2008
    Sold for $845,000
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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.