4/39 Madang CrescentRunaway Bay QLD 4216
Property Details for 4/39 Madang Cres, Runaway Bay
4/39 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 132m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Runaway Bay in the last 12 months.
Last Listing description (January 2024)
Discover this stunning north-facing waterfront apartment, situated in a boutique building of only four apartments. Located on a bridge-free canal with direct access to the Broadwater, this property offers the ultimate waterfront lifestyle just minutes away by boat.
This tastefully renovated apartment is a true gem, appealing to both astute investors and those seeking a stylish home. Perfect for professional couples or those looking to downsize, it offers a blend of elegance and practicality.
Key Features:
• Designer, handcrafted kitchen by Freedom Kitchens, featuring stone benchtops, soft-closing cabinetry, high-end appliances, electric cooktop, and ample storage.
• European concealed laundry.
• Hybrid flooring with a 30-year warranty, offering scratch-proof, waterproof, and pet-proof qualities.
• Two generously sized bedrooms with brand new carpet, ceiling fans, and spacious built-in adjustable wardrobes.
• Open plan living and dining area.
• Freshly painted throughout.
• Stunning bathroom with floor-to-ceiling tiles and a moody color palette.
• Separate toilet.
• Large, north-facing private covered outdoor entertaining area overlooking the canal.
• Single lock-up garage with storage, plus one additional open driveway space.
• Water rates approximately $297.00* per quarter.
• Council rates approximately $1,120.60* half-yearly.
• Potential rental return of approximately $800* per week.
• Body corporate fees of approximately $72* per week, covering shared jetty, gardening, sinking fund, admin fund, and building insurance.
Runaway Bay Lifestyle:
Located in a highly sought-after street surrounded by luxury waterfront properties, this property offers a coveted lifestyle. Enjoy the convenience of walking distance to public transport, premier sporting facilities, the Gold Coast Performance Center, St Francis Xavier Primary School, Biggera Waters State Primary School, Runaway Bay Shopping Centre, the Broadwater, local cafes and restaurants, Runaway Bay Marina, and easy access to the M1 for travel to Brisbane and Coolangatta.
This home is certain to attract attention, so be sure to pre-book your inspection now. Don't miss out on this rare opportunity! Call Emma today on 0403-836-523
Property History for 4/39 Madang Cres, Runaway Bay, QLD 4216
- 31 Jan 2024Sold for $786,000
- 15 Dec 2023Listed for Sale UNDER CONTRACT WITH EMMA GRANT
- 07 Nov 2021Listed for Sale Expression of Interest
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0About 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.
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