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Overview
This well-positioned first-floor corner apartment in the heart of Runaway Bay offers a combination of practical design and modern lifestyle conveniences. With a northeast aspect, it enjoys plenty of natural light and a bright, airy feel, complemented by a spacious 98sqm internal living area and an additional 10sqm of balcony space that enhances the overall living experience.
The apartment’s open-plan layout is ideal for effortless living and entertaining, featuring contemporary finishes such as stone bench tops and a fully-equipped kitchen that includes a dishwasher and a split-system air conditioner for year-round comfort. The upstairs location and corner position offer privacy and pleasant views.
Residents benefit from secure underground parking, which adds peace of mind and convenience, along with access to a range of on-site amenities including a swimming pool, BBQ area, well-maintained gardens, and an onsite café, enriching the sense of community and leisure opportunities within the complex.
Currently tenanted at $740 per week with a lease until May 2027, the property is suitable for investors seeking a well-maintained asset or for owner-occupiers looking for a lifestyle that balances comfort with accessibility to nearby conveniences. The tenants are also amenable to owner occupation if required.
Additional practical considerations include reasonable body corporate fees covering maintenance and insurance, ensuring the complex remains in excellent condition while minimizing individual upkeep responsibilities.
Local Market Insights
In Runaway Bay, Quiet Listings observed 15 new apartments entering the market over the last 30 days, down from 32 during the previous 30-day period, with an average advertised asking price of $1,640,267. The property type mix of listed properties is predominantly Houses at 49%, followed by apartments (13%), and units (13%). The most active agency for apartments in the Runaway Bay area is currently Ray White, representing 20% of new listings, followed by Northgc with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Runaway Bay QLD 4216
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