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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

22/5-7 Oatland Esplanade, Runaway Bay QLD 4216

OFFERS OVER $1,539,000

Listed: 4 days ago
Updated: 3 days ago
Overview

This exquisitely renovated northeast-facing apartment on prestigious Oatland Esplanade offers a remarkable blend of luxury coastal living and breathtaking waterfront views in one of Runaway Bay’s most sought-after locations. Boasting 151 square metres of thoughtfully arranged living space, the property is designed to maximise functionality while showcasing quality finishes and an inviting ambiance.

Panoramic water vistas greet you from every room, creating a tranquil backdrop for daily living and entertaining. The expansive open-plan living, dining, and newly renovated kitchen area features premium 40mm Caesarstone benchtops with a striking waterfall edge and a 900mm oven and cooktop, providing both style and practicality. This space naturally extends onto a generous wrap-around balcony that invites relaxed outdoor living and effortless entertaining in a serene waterside setting.

  • Two spacious bedrooms include floor-to-ceiling glass and sliding doors opening to the balcony, allowing abundant natural light and uninterrupted views.
  • The master suite is enhanced with a custom walk-in wardrobe featuring tailored cabinetry for exceptional storage, complemented by a luxurious ensuite with floor-to-ceiling tiles, a stylish barn door, ample mirrored cabinetry, and a rainfall showerhead.
  • The second bedroom cleverly incorporates a space-saving wall-hung Murphy bed concealed within bespoke cabinetry, enhancing versatility.
  • A newly renovated main bathroom impresses with a spa bath equipped with jets and excellent storage options, marrying luxury with everyday comfort.
  • Separate laundry facilities also benefit from custom oak cabinetry, optimising storage and functionality.

Additional features include solid hardwood timber floors (excluding bathrooms), block-out and sheer curtains for light control, air conditioning in the master bedroom, secure undercover parking large enough for a car and motorbike, and an adjacent storage cage. The building, Leeward Tower, is renowned for its meticulous management and resort-style amenities, including a heated pool and spa, competition-sized tennis court, fully equipped gymnasium, sauna, multiple BBQ and function areas, secure parking with CCTV, visitor parking, and nightly security patrols.

Positioned in a tranquil neighborhood known for its pristine waterways and proximity to essential transport links and shopping facilities nearby, this waterfront apartment is ideal for buyers seeking a premium residence, holiday retreat, or investment opportunity that seamlessly combines lifestyle, luxury, and practicality.

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
New Listings (last 30 days)
15
Average price
$1,640,267
Lowest price
$650,000
Highest price
$4,200,000
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