Approved freestanding medical centre in an ideal location with the hustle and bustle of Bayview Street, situated perfectly for drive by traffic and right next to the Runaway Bay shopping centre. Recently renovated and available with vacant possession, this is the perfect opportunity to position your business in a well established location. With previously approved council plans there is also huge future development potential! Approved medical centre but could be converted to whatever your commercial needs require.
* Land area of 607 sqm (approx.)
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 5,330 properties. Over the last 5 years, Houses in Runaway Bay have seen a 74.33% increase in median value, while Units have seen a 102.00% increase. As at 31 January 2026:
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