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Overview
This distinctive residence at 3/131 Morala Avenue in Runaway Bay is an ideal renovation opportunity within a meticulously maintained gated estate. Offering four generous bedrooms all accompanied by private ensuites, the home provides an unmatched level of convenience and privacy, particularly suitable for larger families or those seeking shared living environments.
The property’s layout thoughtfully separates the upper and lower living areas, with three spacious bedrooms upstairs benefiting from ceiling fans, plush carpets, and abundant natural light, enhancing comfort throughout the year. One upstairs bedroom benefits further from split-system air conditioning offering climate control for the seasons.
Downstairs showcases the master suite, a true sanctuary with vast ensuite facilities, dual walk-in wardrobes, and direct access to the alfresco entertaining area and a sparkling in-ground pool. This serene retreat is perfect for relaxation and supports an indoor-outdoor lifestyle.
- Expansive open kitchen with ample storage and a walk-in pantry caters to both everyday cooking and entertaining.
- Formal and informal dining spaces provide flexibility for family meals and entertaining guests.
- Two comfortable living areas feature high ceilings, ceiling fans, and air conditioning to ensure all-year comfort.
- A dedicated bar area enhances the home's social and entertaining appeal.
- Outdoor living is well catered for with two covered seating areas overlooking lush gardens and the pool area.
- Additional lifestyle features include a sparkling in-ground pool and spa, solar panel system, and a fish pond contributing to the tranquil environment.
- The secure estate offers access to two tennis courts and a BBQ area, fostering an active and sociable community lifestyle.
Strategically positioned, the property grants easy access to Runaway Bay Shopping Centre, Harbour Town Premium Outlets, cafés, medical centres, and public transport, supporting an effortless daily routine. Proximity to reputable schools, parks, and sports facilities will appeal to families, while boating and fishing enthusiasts benefit from nearby Broadwater waterfronts and multiple boat ramps.
With quick connectivity to major roads and the M1 motorway, the location seamlessly links to surrounding Gold Coast precincts such as Southport and Paradise Point, catering to both commuters and leisure seekers. This property offers an excellent blend of convenience, lifestyle potential, and enduring value, attracting homeowners and investors alike.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Local Market Insights
In Runaway Bay, Quiet Listings observed 55 new houses entering the market over the last 30 days, down from 60 during the previous 30-day period, with an average advertised asking price of $3,914,145. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (15%), and units (12%). The most active agency for houses in the Runaway Bay area is currently Ivy Realty, representing 58% of new listings, followed by Ray White with 15%. 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.