201/33-37 Madang CrescentRunaway Bay QLD 4216
Property Details for 201/33-37 Madang Cres, Runaway Bay
201/33-37 Madang Cres, Runaway Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 60m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
A fantastic opportunity to secure an investment or first home with this low maintenance modern apartment in 'Cove 35', Runaway Bay.
As you enter you are greeted by the refreshing open plan floor plan boasting a comfortable 60sqm. This well kept apartment is the perfect opportunity for your astute investor or owner occupier looking to enjoy peaceful waterfront style living in Runaway Bay.
Possessing a modern and fully equipped kitchen with ample storage space and mirrored back splash, you walk into the open style living/dining area which takes you to your own South facing covered outdoor balcony. The master bedroom offers a bountiful built-in wardrobe and a tidy private bathroom with the laundry area neatly tucked away. The bedroom also offers bi-fold style sliding doors which can be opened to allow natural light and a cool breeze into the bedroom or closed for maximum privacy.
'Cove 35' offers the perfect relaxed waterside living with a sparkling bool and BBQ area overlooking the canal. The 12 year old building is highly desirable with its ideal location being just a short walk to Runaway Bay Shopping village, medical facilities, bus stop local cafes and the Broadwater. The building also offers on-site managers, caretakers, security cameras, secure basement car parking and is always highly maintained.
Apartment features:
Bright and spacious floorplan
Modern apartment with nothing needed to be done
Low maintenance
Airconditioned and ceiling fans installed
Well-kept building
Residential only (no holiday letting)
Low body corporate
Secured underground carpark with extra open space to store your bicycle/surfboards.
Relaxed waterside living
Pool, BBQ and communal pontoon
Owner will consider offers prior to auction
Financials:
Body Corporate - $91 Per Week
Council Rates - $2,248 Per Year
Water Rates - $1,257 Per Year
Currently tenanted at $370 per week until 28/02/23
The property will be on a periodic lease from 28/02/23
Rental Estimate - $450 - $500 Per Week
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 201/33-37 Madang Cres, Runaway Bay, QLD 4216
- 05 Feb 2023Sold for $412,000
- 27 Dec 2022Listed for Sale Auction
- 26 Aug 2020Sold for $262,000
Recent sales nearby
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0About 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 5,334 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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