8/12 Canal Avenue, Runaway Bay, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

8/12 Canal Avenue
Runaway Bay QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 8/12 Canal Ave, Runaway Bay

8/12 Canal Ave, Runaway Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2003
Local Government
Gold Coast City
Lot/Plan
8/BUP10221

Last Listing description (August 2023)

Waterfront Living, Investment Upside, Marina Berth, LOW B/C!

** Entry level waterfront living in this sought-after suburb of Runaway Bay
** Exclusive 'La Provence' boutique complex on east side of Bayview Avenue
** 2 generous bedrooms, 2 bathrooms, 1 secure basement carpark

** Open plan living, well equipped kitchen, 2 balconies
** Marina Berth 6m x 2.5m*, tropical gardens, resort pool
** Direct bridge-free access to the Broadwater / Ocean
** Fantastic tenant, low body corporate, pet friendly

This lovely apartment is situated on the first floor with canal views, enjoys cross breezes as east / west position, and wonderful dappled-lit sunsets. With plenty of natural light, the unit also feels very spacious with its high ceilings and functional floor plan.

A combined open plan lounge and dining opens out to the balcony overlooking the canal, and the master bedroom overlooks the front garden from the private balcony. Any chef will appreciate the well appointed kitchen, with canal views! It has loads of bench space, boasts plentiful storage, pantry, servery, breakfast bar, double sink, dishwasher, and is complete with stainless steel appliances.

Separated from the living zone, are the bedrooms down the hall. The main en-suited bedroom has a generous walk through robe, and the second bedroom is equipped with mirrored wardrobes. The family bathroom is very spacious with separate bath, shower and toilet, and incorporates the laundry.

The tropical pool, spa and gardens create a luxury resort feel so you will think you're on a permanent holiday here. This is the perfect recipe to combine a lifestyle of action and / or relaxation with so many options on your doorstep.

PROPERTY FEATURES:
2 bedrooms, 2 bathrooms, 1 secure basement carpark
6m x 2.5m* marina berth - bridge free, direct ocean access
Modern kitchen - dishwasher, breakfast bar, great storage, 2-pac finish
Airconditioned open plan living and dining area
Master bedroom - air-conditioning, fan, balcony, en-suite, walk-in robe
Second bedroom - mirrored robes, carpeted, fan
Laundry in family bathroom, separate bath / shower / toilet
Tropical gardens, resort style fully-tiled pool and spa
High ceilings, fans, fly screens, linen cupboard in hall
Great tenant in place until October 2024

Body Corporate: $63 pw*
Marina Fee: $15 pw*
Sinking Fund: $30K *
Council Rates: $2100 pa*
Water Rates: $380 pq*
Rental Income: $650 pw

Perfectly located within walking distance to Runaway Bay shopping centre and sports centre, popular cafes, restaurants, parklands, the Broadwater, walking paths, cycle tracks, various sporting clubs, library, doctor surgeries, community centre, schools and daycare centre.

A short drive to Harbour Town, Southport CBD, GCU Hospital, Griffith University, M1, golf courses, stunning beaches and the light rail.

If you're looking for a unique property with a champagne lifestyle on a beer budget, that offers a secure income, and/or your own home in the future, then call Julie Reid on 0438020032 today for further details.

To be auctioned in rooms at Level 1, 16 Queensland Avenue, Broadbeach on 23 August 2023.
This is one property you won't want to miss !!

Open Homes every Saturday from 10 - 10.45am until Auction (unless sold prior).

* = Approximately

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

NOTE: 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 8/12 Canal Ave, Runaway Bay, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$715,000
10 Aug 2023
  • 17 Aug 2023
    Sold for $715,000
  • 02 Aug 2023
    Listed for Sale Auction In Rooms
  • 31 Jul 2023
    Listed for Rent $650 WEEKLY
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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 5,342 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, 263 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.