37i/20-28 Bayview St, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 136m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Positioned within the highly sought after Harmony Broadwater enclave, 37I/28 Bayview Street, Runaway Bay presents an exceptional opportunity to secure a premium investment in one of the Gold Coast's most tightly held waterfront precincts. Opportunities like this are rare, and with demand for quality, well located apartments continuing to surge, hesitation will result in missed opportunity.
This is the definition of a true set and forget investment. Already leased at a strong $850 per week through to 2 November 2027, this property delivers immediate income with the added advantage of long term tenancy security, eliminating vacancy risk and providing certainty in an increasingly competitive market. Comparable rental data indicates strong demand and consistent growth in this complex and surrounding area, reinforcing the strength of this acquisition.
Designed for effortless living and maximum tenant appeal, this spacious apartment offers approximately 135sqm of internal living and showcases a highly functional layout with two generous bedrooms, two bathrooms and an additional study or multipurpose space. The open plan design is complemented by quality finishes, a modern kitchen with stone benchtops and gas cooking, and seamless indoor outdoor flow to a private and peaceful balcony setting.
The master suite is well appointed with a double vanity ensuite, while ducted air conditioning throughout ensures year round comfort. Additional features such as a separate laundry, two secure basement car spaces positioned side by side, and lift access from basement to residence further enhance both livability and long term rental appeal.
Residents of Harmony Broadwater enjoy access to resort style facilities that consistently attract and retain quality tenants. The community energy centre includes a fully equipped gym, sauna, steam room, library, lounge and kitchen facilities, while the stunning lagoon pool, heated spa and tropical entertaining areas create a lifestyle offering that is unmatched in this price bracket.
Location is key, and this property delivers in every sense. Just moments from the Broadwater, scenic walking tracks, local cafes, shopping centres and transport links, this is a position that continues to underpin strong capital growth and rental demand year after year.
With recent comparable sales and current listings in Harmony Broadwater moving quickly, and multiple opportunities within the complex already attracting strong buyer interest, this is not a property that will sit on the market.
Investors, be very clear properties with secure long term leases, strong rental returns and blue chip positioning like this are being snapped up fast. Delay your enquiry and you will miss out.
Whether you are expanding your portfolio or entering the market with a high quality, low maintenance asset, this is an opportunity that demands immediate attention.
Act fast. Enquire today.
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 5,335 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:
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