Set in a stunning location, this site with DA approval is in the perfect position for a boutique luxury apartment development project. In the heart of Runaway Bay, it offers close access to shopping, dining and transport.
The 2,083sqm of pure real estate gold has the best of both worlds - with Broadwater views at the front, and direct canal frontage at the back. This allows the project to truly cater for the luxury buyer - incredible views and direct access for bridge-free boating.
* 2,083sqm* site
* 48.2m* water frontage
* DA approved
* superb design by a leading architect
* 12 apartments, ranging from 275sqm to 649sqm
* each apartment has its own private marina berth and has between 2 and 6 covered carparks
* ground floor apartments have a private pool
* top floor penthouses boast private infinity pool
* zoning RD5 - 3 + 1 storey height approval
* looking out over Broadwater and Wavebreak island
* views of the Surfers skyline
* direct canal frontage at rear
* direct access for bridge-free boating - only minutes to the Pacific Ocean
There is nothing quite like this available anywhere on the coast - fronting the Broadwater with a canal at the rear - with council approval allowing development of 3 + 1 stories.
DA Approval in May 2012, valid for 4 years from that date.
Floor Areas
Unit 1 - 482sqm
Unit 2 - 383sqm
Unit 3 - 389sqm
Unit 4 - 499sqm
Unit 5 - 287sqm
Unit 6 - 275sqm
Unit 7 - 281sqm
Unit 8 - 330sqm
Unit 9 - 565sqm
Unit 10 - 551sqm
Unit 11 - 534sqm
Unit 12 - 649sqm
Each block could also be purchased individually:
20 Oatland Espl - $1,950,000
22 Oatland Espl - $2,200,000
24 Oatland Espl - $2,100,000
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 5,348 properties. Over the last 5 years, Houses in Runaway Bay have seen a 43.18% increase in median value, while Units have seen a 94.99% increase. As at 31 July 2026:
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