SOLD
Sold on 20 May 2024 for $1,490,000

41 Ocean Street
Runaway Bay QLD 4216

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 170m2
Land area: 610m2
Sold By
Belle Property Hope Island
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Property Details for 41 Ocean St, Runaway Bay

41 Ocean St, Runaway Bay is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 610m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Runaway Bay in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
170m2
Land Size
610m2
Local Government
Gold Coast City
Lot/Plan
29/RP77947

Last Listing description (August 2024)

Discover the allure of this unique tri-level home nestled in the popular Runaway Bay area, boasting a separate granny flat studio, and overflowing with character. Set upon a generous 610 square meter block just meters from the tranquil Broadwater, boat ramp, and a selection of cafes and restaurants, this residence offers a lifestyle of convenience and coastal charm.

As you step through the gate, you'll immediately feel at home amidst the lush gardens. With ample space for children to play, room for boats or caravans and three decks to enjoy your morning coffee or entertain guests, this home radiates warmth and hospitality.

With versatility at its core, this property offers endless possibilities for large families, accommodation, and investment potential. The lower-level features three bedrooms and two separate units complete with their own bathrooms, kitchenettes, and living spaces, while the second level comprises two bedrooms, the main living area, a large balcony, and the main kitchen. Ascend to the beautifully maintained timber staircase to the rooftop balcony, offering panoramic views of Surfers Paradise and water glimpses.

Experience the perfect fusion of character, practicality, and coastal living in this remarkable residence, where every corner tells a story, and every detail invites you to make it your own.

FEATURES:
- 5 Bedrooms, three with built-in robes + standalone studio/granny flat (6 bed, 4 bath, 4 kitchen total)
- 4 Bathrooms
- 4 Kitchens, 1 main & 3 kitchenettes
- 610 sqm block
- Combined lounge / dining to middle level with double doors opening to the balcony
- Rooftop floor, tri level balcony with views into Surfers Paradise
- Large entertaining deck
- Double covered carport or workshop area
- Huge side access (room for boats, caravan etc)
- New side Colourbond fence
- Electric front gate
- air conditioning throughout
- Granny flat with air conditioning, separate from the home with it's own ensuite and kitchenette
- Garden shed
- Spear pump & water tank
- HUGE Investment returns ($2000+ per week return)
- 5 kw solar panels (24 panels)
- Off street parking for the car, boat, and caravan
- A short easy 200 meters stroll to the broad water, boat ramp, park lands, BBQ facilities, cafes & restaurants
- Easy access to Surfers Paradise, Harbour Town and Runaway Bay Shopping Centre or the M1 Pacific Motorway connecting you North to Brisbane and South to Coolangatta and the Gold Coast airport.

Please contact Alex Day on 0423 983 360. ALL SERIOUS BUYERS MUST BOOK A PRIVATE INSPECTION TODAY.

Property History for 41 Ocean St, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,490,000
20 May 2024
  • 20 May 2024
    Sold for $1,490,000
  • 18 Mar 2024
    Listed for Sale Offers from $1.48m
  • 18 Oct 2021
    Sold for $1,075,000
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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 5,304 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 59 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to CoreLogic's data, 275 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.