31 Madang CrescentRunaway Bay QLD 4216
Property Details for Lot 3/31 Madang Cres, Runaway Bay
Lot 3/31 Madang Cres, Runaway Bay is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 231m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Townhouse sold in Runaway Bay in the last 12 months.
Last Listing description (August 2024)
Welcome to 3/31 Madang Crescent! Nestled in the esteemed locality of Runaway Bay, Queensland, this impeccably designed residence sets a new standard for luxurious waterside living. Boasting a north-east facing sun-soaked position, this property offers a harmonious blend of elegance, functionality, and exceptional quality, perfect for discerning lessees who appreciate refined living spaces and captivating views.
This splendid abode features three generously proportioned bedrooms, each thoughtfully orchestrated to provide a sanctuary of comfort. The master suite is a triumph of design, complete with a walk-in wardrobe and a sumptuous ensuite, ensuring a private and opulent retreat. Complementing the bedrooms are three exquisite bathrooms, each providing the ultimate in comfort and style, with an additional two powder rooms strategically located on the second and fourth levels for convenience.
At the heart of the home, the open plan living area unfolds in a sweeping expanse of space and light, inviting residents to entertain and relax with ease. The spacious kitchen is a culinary artist's dream, boasting stone bench tops, upgraded quality appliances, and a sizeable butler's pantry that promises seamless preparation and storage solutions.
Beyond its internal allure, the property's crowning glory is the private rooftop terrace and lounge area. Here, incredible vistas form a breathtaking backdrop to an entertainers haven, setting the scene for unforgettable gatherings under the sky.
Features of 3/31 Madang Crescent includes:
- 3 Bedrooms
- Master with walk-in closet and ensuite
- 2 luxurious bathrooms plus 2 additional powder rooms on levels 2 and 4
- Open plan living area
- Spacious kitchen with a large butler's pantry
- Stone benchtops and high-quality appliances
- Samsung Airtouch ducted/zoned air-conditioning
- Panacom intercom system
- Incredible views from your private rooftop terrace/lounge
- 2 car parking spaces plus street parking
- 2.4m high ceilings
- LED lighting
- Neutral color tones
- Laundry room
- Superb floor plan
- North/east facing, sun-soaked position
- Low maintenance landscaping with an irrigated watering system
- Suspended slab and core-filled blockwork construction
Located in the highly sought-after suburb of Runaway Bay, this property offers north/east facing panoramic views of the famous Gold Coast Broadwater.
A short drive away is Runaway Bay Village, featuring a variety of restaurants, pharmacies, a supermarket, bars, shops, and more. Enjoy the nearby parks where you can stroll along the paths or swim in the Broadwater and its extensive beach.
Harbour Town Shopping Centre is just 5 minutes away, along with easily accessible public transport. Within 10 minutes, you can reach the M1, providing easy travel to Brisbane, Coolangatta, and surrounding areas.
Multiple schools are available within a 5km radius, ensuring all your educational needs are met.
Property History for Lot 3/31 Madang Cres, Runaway Bay, QLD 4216
- 15 Jul 2024Listed for Rent $1,090 / week
- 29 May 2024Sold for $1,945,000
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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 5,301 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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