10/4 Madang CrescentRunaway Bay QLD 4216
Property Details for 10/4 Madang Cres, Runaway Bay
10/4 Madang Cres, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 609m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
Discover your new coastal home in this spacious 2-bedroom, 2-bathroom, 2-car apartment. Located in the desirable Madang Cres community. This top floor unit is one of only 14 units in a boutique block. Imagine starting your day with breathtaking sunrises and enjoy leisurely strolls along the shore of the picturesque Broadwater. Take time to relax in the winter sun on the generously sized, east-facing balcony, which offers scenic views of the sparkling pool and lush tropical landscape. With high-end developments happening down the street this is fantastic investment opportunity! Renovate and create a beautiful home to your own taste!
Key Features:
Generous Open plan living and dining area
Big Master bedroom with ensuite and double mirror wardrobe
Second bedroom with mirror built-in wardrobe
Tandem car park that can accommodate two cars
Option to close roller door to one car space for secure storage
Air conditioning and ceiling fans for year-round comfort
East facing private balcony, ideal for outdoor enjoyment
Sparkling pool & private manicured grounds
One of only 14 units within a boutique apartment block
Previously rented as $580 P/W - Current appraisal - $580 - $610 P/W
Top floor unit on the second level
Low well maintained body corporate - $78 P/W
Located on a quiet one-way Crescent
Close to the Broadwater, Runaway Bay Shopping centre, schools and public transport.
This property is vacant ready for its new owners. With its roomy layout, and a prime location, this property offers an unparalleled lifestyle opportunity. Don't miss this chance to secure your dream coastal home! Contact Georgie Rule on 0418632128 today to arrange an inspection.
*more photos to come once current tenants have vacated
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 10/4 Madang Cres, Runaway Bay, QLD 4216
- 08 Sep 2023Sold for $540,000
- 13 Jul 2023Listed for Sale Offers over $545,000
- 03 Jun 2022Listed for Rent $580 / week
Recent sales nearby
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About Runaway Bay 4216
The size of Runaway Bay is approximately 5.3 square kilometres. There are 12 parks, covering nearly 26.4% of the 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 5,335 properties. Over the last 5 years, Houses in Runaway Bay have seen a 46.95% increase in median value, while Units have seen a 85.44% increase. As at 31 August 2026:
- The median value for Houses in Runaway Bay is $1,893,485 while the median value for Units is $1,117,884.
- Houses have a median rent of $1,200 while Units have a median rent of $750.
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