3/10 Madang CrescentRunaway Bay QLD 4216
Property Details for 3/10 Madang Cres, Runaway Bay
3/10 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 259m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (April 2021)
Much loved by its many residents, Runaway Bay has an atmosphere all its own with expansive scenic waterside green space and long walk-ways, a thriving boating culture and excellent marinas, trendy cafes and restaurants and one of the best major shopping centres on the Gold Coast Harbour Town and Runaway Bay walking distance. It's also only approximately 8 kilometres away from Griffith University Hospital and Medical Precinct.
Features:-
* Excellent location just one street from the ocean
* Open plan kitchen. Ample storage & bench space
* Large long combined bathroom & plumbed laundry
* Light-filled king-size master bedroom/built-in robes
* Queen-size 2nd bedroom/built-in robes. Linen press
* 1 car undercover car park. Quiet one way street
* Short walk to public transport in Bayview Street
* Convenient proximity to excellent community facilities
* Approx. 8 kilometres away from Griffith University
* B/C $58.35 per week, Rates $865-6 mths, Water $260 qtr. Rent $340/wk
This sun-drenched one floor 2 bedroom walk-up apartment - complete with water glimpses - sits at the front of a small block set one street back from the sparkling blue ocean. Entry via glass sliding doors is directly into the surprisingly spacious, air-conditioned living area and open plan kitchen where carpet merges with practical floor tiles. Generous modern cabinetry and ample bench space plus a large corner pantry offer plenty of working area and storage, with the easy option of minimal expense changes or additions if desired.
Although in perfect condition, mosaic floor tiles in the bathroom and combined laundry reveal this well maintained unit's late 60's early 70's heritage. There's a toilet and single vanity on one side and glass shower at the end, as well as a plumbed benchtop basin and storage in the adjacent laundry section. Already so extensively plumbed, if you're inclined to modernize, your imagination can take flight here!
Super-sized and light-filled, the delightful master bedroom with built-in robes comfortably accommodates a king-size bed with space to spare. Alongside, the second queen-sized bedroom with built-in robes is also flooded with natural light. In the hallway, a deep linen press caters for expansive storage.
With under-cover parking for one car, this unit in a quiet block located amongst prominent neighbours in a prestigious, highly sought-after suburb represents astute buying, whether for your own occupancy or as an income generating, constantly appreciating investment. Our vendor is offering vacant possession so this home is ready to enjoy immediately. Come and inspect - the smart buyer will recognize great value and future potential here!
Call Kristina for more information or to make an appointment to view.
Property History for 3/10 Madang Cres, Runaway Bay, QLD 4216
- 19 Jan 2021Sold for $310,000
- 05 Jan 2021Listed for Sale Offers above $299,000
- 19 Aug 2020Listed for Rent $340 / 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 5,341 properties. Over the last 5 years, Houses in Runaway Bay have seen a 55.43% increase in median value, while Units have seen a 96.25% increase. As at 30 June 2026:
- The median value for Houses in Runaway Bay is $1,880,261 while the median value for Units is $1,135,448.
- Houses have a median rent of $1,100 while Units have a median rent of $750.
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