38 Simbai StreetRunaway Bay QLD 4216
Property Details for 38 Simbai St, Runaway Bay
38 Simbai St, Runaway Bay is a 3 bedroom, 2 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Runaway Bay in the last 12 months.
Last Listing description (January 2024)
An extraordinary chance awaits with this north-facing, low-set brick and tile property, making its debut on the market after more than two decades. It enjoys an outstanding location and is suitable for immediate living but with significant renovation potential.
Boasting three bedrooms, including a master with an ensuite and a walk-in robe, this residence offers comfortable living. The spacious kitchen, with a walk-in pantry, strategically connects a generous living area and a dining room, easily adaptable into a second living space.
On a 655m2 block, the property includes two double garages and an automatic gate entry. Its prime location situates it just 150 meters from the Seagulls League Club and the Gold Coast High Performance Centre, with the Runaway Bay Shopping Village and transport a mere 300 meters away.
Additional features encompass solar power, solar hot water, and nearly new split-system air conditioning units. While the house is ready for immediate occupancy, its true potential unfolds through a tasteful renovation. The second double garage, designed for a twenty-foot boat and SUV, offers exciting possibilities-it could be seamlessly integrated into the house or redeveloped into a Granny flat.
Key Features:
• Low-set north-facing house with three bedrooms, two bathrooms
• Master bedroom with ensuite and walk-in robe
• Spacious kitchen with a walk-in pantry
• Separate dining room or second living area
• Two double garages
• Solar power and solar hot water
• Electric sliding gate
• 655m2 block within easy walking distance to Runaway Bay Shopping Centre
• 200 metres to St Francis Xavier Primary School
• Suitable for immediate living with significant renovation potential
This property is not just a home; it's a canvas for your dream residence. This property must be sold. Don't miss this unique opportunity-act swiftly!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Property History for 38 Simbai St, Runaway Bay, QLD 4216
- 18 Dec 2023Sold for $985,000
- 23 Nov 2023Listed for Sale Offers over $1,000,000
- 11 Aug 2001Sold for $240,000
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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 5,317 properties. Over the last 5 years, Houses in Runaway Bay have seen a 83.37% increase in median value, while Units have seen a 80.51% increase. As at 30 September 2024:
- The median value for Houses in Runaway Bay is $1,661,838 while the median value for Units is $924,584.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
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