4/39 Madang Cres, Runaway Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 297m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Discover this stunning north-facing waterfront apartment, situated in a boutique building of only four apartments. Located on a bridge-free canal with direct access to the Broadwater, this property offers the ultimate waterfront lifestyle just minutes away by boat.
This tastefully renovated apartment is a true gem, appealing to both astute investors and those seeking a stylish home. Perfect for professional couples or those looking to downsize, it offers a blend of elegance and practicality.
Key Features:
Designer, handcrafted kitchen by Freedom Kitchens, featuring stone benchtops, soft-closing cabinetry, high-end appliances, electric cooktop, and ample storage.
European concealed laundry.
Hybrid flooring with a 30-year warranty, offering scratch-proof, waterproof, and pet-proof qualities.
Two generously sized bedrooms with brand new carpet, ceiling fans, and spacious built-in adjustable wardrobes.
Open plan living and dining area.
Freshly painted throughout.
Stunning bathroom with floor-to-ceiling tiles and a moody color palette.
Separate toilet.
Large, north-facing private covered outdoor entertaining area overlooking the canal.
Single lock-up garage with storage, plus one additional open driveway space.
Water rates approximately $297.00* per quarter.
Council rates approximately $1,120.60* half-yearly.
Potential rental return of approximately $800* per week.
Body corporate fees of approximately $72* per week, covering shared jetty, gardening, sinking fund, admin fund, and building insurance.
Runaway Bay Lifestyle:
Located in a highly sought-after street surrounded by luxury waterfront properties, this property offers a coveted lifestyle. Enjoy the convenience of walking distance to public transport, premier sporting facilities, the Gold Coast Performance Center, St Francis Xavier Primary School, Biggera Waters State Primary School, Runaway Bay Shopping Centre, the Broadwater, local cafes and restaurants, Runaway Bay Marina, and easy access to the M1 for travel to Brisbane and Coolangatta.
This home is certain to attract attention, so be sure to pre-book your inspection now. Don't miss out on this rare opportunity! Call Emma today on 0403-836-523
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 5,344 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:
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