SOLD
Sold on 15 Aug 2024 for $1,350,000

48/3 Lee Road
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 129m2
Land area: 259m2
Sold By
GC Executive Properties
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Property Details for 48/3 Lee Rd, Runaway Bay

48/3 Lee Rd, Runaway Bay is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1999. The property has a land size of 259m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.

Building Type
Townhouse
Year Built
1999
Floor Size
129m2
Land Size
259m2
Local Government
Gold Coast City
Lot/Plan
48/GTP100290

Last Listing description (March 2022)

This luxury waterfront townhouse is nestled in one of Runaway Bay's finest addresses and considered to be a local secret.

It's no wonder Mariner Quays is described as one of the most preferred gated communities for owners embracing the Gold Coast lifestyle, because when it comes to picture-perfect living, it's all about location, lifestyle and views.


This mostly owner/occupied complex would be highly desirable for those seeking a luxurious but low maintenance property with the added pleasure and convenience of your own boat mooring just 100 meters from your doorstep.

Features include:
Water views from the main living, kitchen, alfresco area & master
bedroom
Huge master suite, beautifully appointed ensuite, walk-in robe & private
balcony overlooking the canal
2 plus size 2nd and 3rd bedrooms with robes and large bathroom.
2 light & bright very separate living rooms & guest powder room
Designer stone kitchen benchtops, with gas cooking & quality
appliances
Beautiful sweeping staircase leading to the upper floor
Separate laundry + powder room downstairs
Stunning paved entertaining patio overlooking the picturesque canal
Secure, private and quiet front garden courtyard entrance
DLUG (Double Lock Up Garage)

Body Corporate Fee's $123 per week approximately
Council Rates $1,800 per annum
Unit 20 recently sold for $1.13M

Mariner Quays boasts a resort style community with tennis courts, inground swimming pool, communal function centre, and gorgeous manicured gardens.

It's easy to see why residents love this location; only minutes by boat to the Gold Coast seaway and an easy stroll to the Broad water, beaches and alfresco dining cafes. Your choice of shopping centres, sporting complexes and an excellent selection of top class amenities are within walking distance or a 5 minute drive.

Whether seeking location, waterfront lifestyle or luxury you will be suitably impressed with this spacious townhouse.

With historic low interest rates, massive increasing population and major infrastructure occurring on the Gold Coast - There is no better time to buy a waterfront property than now. Don't take my word for it, arrange an inspection today or register for a scheduled open home and see why the locals love it.

PLEASE NOTE: WHEN THIS PROPERTY IS OPEN FOR INSPECTION IT IS UNDER CONTROLLED CONDITIONS
* If you are unwell or have cold and flu like symptoms please do not enter the property.
* No more than 50 people (including the agent/s conducting the inspection) are permitted within the property at the same time
* There must be at least 2 square metres of space for each person present in the property
* Social distancing of 1.5m should be observed at all times.
* Please refrain from touching or contacting hard surfaces such as door knobs and benchtops.

Our first priority is everyone's safety.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 48/3 Lee Rd, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,350,000
15 Aug 2024
  • 15 Aug 2024
    Sold for $1,350,000
  • 08 Dec 2021
    Listed for Sale SOLD - $1,205,000
  • 16 Oct 2020
    Sold for $840,000
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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 6 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.