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Overview
Situated in the highly desirable Bayview Bay precinct, this well-appointed first floor unit offers an enticing combination of waterfront lifestyle and strong investment appeal. Located east of Bayview Street within a canal-front resort-style complex, the property boasts direct, bridge-free access to the Broadwater via its own marina berth, enabling seamless boating enjoyment.
The residence showcases an open plan layout that effortlessly connects the living and dining areas to a private balcony. This outdoor space overlooks the pool and canal, creating a serene environment perfect for relaxation or entertaining guests. The kitchen has been modernized with ample storage and includes a dishwasher, enhancing convenience for day-to-day living.
Accommodating two spacious bedrooms, both fitted with built-in robes and ceiling fans, the home ensures comfort throughout. The master bedroom further benefits from an ensuite and a private balcony, providing an intimate retreat. The main bathroom includes a bath and laundry facilities, addressing practical needs with ease. Secure parking is provided with a single car space within the complex.
Complementing the residential amenities is an 8-meter marina berth equipped with power and water, making it ideal for boating enthusiasts. Currently tenanted at $760 per week, with an option to rent the berth separately at $80 per week, the property offers immediate rental income, whether as a long-term investment, holiday letting opportunity, or an appealing coastal lifestyle choice.
This unit presents a compelling opportunity for buyers seeking a secure and productive investment in a prime location with lifestyle benefits. Its blend of modern updates, waterfront access, and strong rental returns makes this property a standout option in Runaway Bay.
Local Market Insights
In Runaway Bay, Quiet Listings observed 15 new units entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $1,030,867. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (15%), and units (12%). The most active agency for units in the Runaway Bay area is currently Ray White, representing 53% of new listings, followed by @Realty 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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