10/128 Lae DriveRunaway Bay QLD 4216
Property Details for 10/128 Lae Dr, Runaway Bay
Last Listing description (February 2024)
Long Lease Investment in popular shopping complex
TENANT:
- High end beauty salon
- 6 to 8 week appointment waiting list
LEASE:
- 5 Year Lease + option
- Net Rent $58,710 per annum + GST + Outs
- Outgoings - $930 per month (approx.) paid by tenant
PROPERTY:
- Quality fit out
- Versatile investment
- Hidden plumbing for commercial kitchen
- Grease Trap connection
- Local Shopping zoning
- Great exposure in a high traffic area
- Interior floor size 99m2
Seller Instructs Urgent Circumstances Must Be Sold
Contact Gordon (0476 279 779) or Kris (0410 082 283) for more information
Property History for 10/128 Lae Dr, Runaway Bay, QLD 4216
- 01 Sep 2025Sold for $1,000,000
- 15 Apr 2024Sold for $930,000
- 28 Mar 2023Listed for Sale Contact Agent
Recent sales nearby
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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 2016 was 9068 people. By 2021 the population was 9308 showing a population growth of 2.6% in the area during that time. The predominant age group in Runaway Bay is 70-79 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 2021, 70.70% of the homes in Runaway Bay were owner-occupied compared with 66.50% in 2016.
Runaway Bay has 5,315 properties. Over the last 5 years, Houses in Runaway Bay have seen a 79.29% increase in median value, while Units have seen a 95.70% increase. As at 31 October 2025:
- The median value for Houses in Runaway Bay is $1,910,735 while the median value for Units is $1,038,015.
- Houses have a median rent of $875 while Units have a median rent of $750.
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