33/87-101 Morala Avenue, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

33/87-101 Morala Avenue
Runaway Bay QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
Land area: 192m2
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Property Details for 33/87-101 Morala Ave, Runaway Bay

33/87-101 Morala Ave, Runaway Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 192m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
1997
Floor Size
192m2
Land Size
192m2
Local Government
Gold Coast City
Lot/Plan
41/GTP105875

Last Listing description (June 2025)

Ideal for a semi retired couple or for a young family seeking a reliable second income stream, this stunning, waterfront, 3 bedroom villa with caretaker's salary is exactly what you are looking for!

Holiday every day with "east-to-water" views over your own pontoon and wide-water canal.

A superb location within Runaway Bay, a highly desirable family locale.

At Mornington Quays you will be surrounded by greenery and water aspects giving a feeling of privacy with tranquility.

Easy access to public transport, Runaway Bay and Harbour town shopping centres along with many restaurants, coffee shops and local schools, all within a short walk or drive.

Villa Features
* Master retreat with walk in robe, spacious ensuite with double vanity and shower
* Two extra generous sized bedrooms with built in robes
* Chef's kitchen with granite bench tops and an electric cooktop
* Spacious upstairs lounge with panoramic view of the wide canal water
* Three separate living spaces throughout the residence
* Decked and paved waterfront outdoor entertaining area including deck lounge, dining and occasional / reading nook
* Two split reverse cycle air conditioning units
* High ceilings, quality window fittings & large floor tiles
* Shared pontoon with power & water to accommodate a large boat
* Double lockup garage and adjacent visitors parking
* Downstairs powder room
* Body Corp Levies - $1,849* quarterly
* Council general rates - $977* bi-annually
* Council water and sewer rates - $415.18* quarterly

Complex Features
* Only 10 minutes to The Broadwater and only 10 minutes to the Seaway
* Marina Boardwalk
* Tennis court and cabana
* Pool
* Pet friendly complex

Management Rights business
* $88,988pa* (ex GST) current Caretaker salary
* No fixed hours; Do the caretaker's duties on your schedule
* Salary review annually - CPI mechanism every September
* Long term Caretaker agreement (expiry 28 September 2033)
* No letting pool however your discretion to develop onsite letting
* 35 villas / lots in complex
* Supportive committee with committee meetings historically only 3 times a year.

This opportunity will not last. Contact the selling agent today!

*Approximately

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 33/87-101 Morala Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,370,000
09 Jan 2025
  • 09 Jan 2025
    Sold for $1,370,000
  • 22 Nov 2024
    Listed for Sale Price Reduced - $350K Business + $1.375M Villa
  • 19 Jul 2024
    Listed for Sale $400K MR Business + Offers over $1.375M Villa
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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.
There are currently 61 properties listed for sale, and 7 properties listed for rent in Runaway bay on OnTheHouse. According to Cotality's data, 260 properties were sold in the past 12 months in Runaway bay.

Suburb Insights for Runaway Bay 4216

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.