2 BEDROOM WATERFRONT APARTMENT - HUGE RE-DEVELOPMENT POTENTIAL - 893M2 BLOCK - MUST BE SOLD!

On offer is a partially renovated waterfront apartment on the top floor of a tightly held east facing block of only six units zoned RD5 with a huge 56.2m of water frontage in the heart of Runaway Bay. This presents a fantastic opportunity to live in, rent out or land hold for capital gains and future development potential.

Upon entering, you will be greeted with an open plan living, dining and kitchen. There are two spacious bedrooms plus a separate bathroom with massive potential for further improvements to capitalise on the location and the fantastic rental returns that come with it.

Conveniently located on sought after Bayview Street with public transport at your doorstep. This home is only a short stroll to the beach, Shearwater park, local shops, sporting facilities, library, daycare, schools and Runaway Bay Shopping Centre. Only minutes drive to Harbour Town Shopping Centre, Griffith University, Gold Coast Hospital and the M1.

Features:
• Massive Redevelopment potential - Zoned RD5
• Huge 893m2 block Bridge free broadwater access
• Very rare 56.2 meters of Waterfrontage
• 2 bedrooms with build in robes
• Timber flooring, open plan living area
• Ample amount of natural light, ceiling fans throughout
• Kitchen with ample bench space and dishwasher
• Single lock up garage and off street parking
• Quiet, peaceful complex
• Low Body Corporate Fees, Only $100* per week
• Rental return approximately $670 - $720 per week

Location:
• Cavs Steakhouse & Rooftop Bar - 0.75km
• Lands' End Boat ramp - 0.8km
• Runaway Bay Shopping Centre - 0.9km
• Runaway Bay Sporting Precinct Hub - 1.9km
• Charis Seafoods - 2.7km
• Harbour Town Shopping & Dining Precinct - 3.4km

Auction: Saturday 24th January 2026 at 9am, Alfresco Auction, 23 Tedder Avenue, Main Beach

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

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.

Explore the area

School catchments

St Francis Xavier School Primary Prep-6 Catholic 1.1km
Biggera Waters State School Primary Prep-6 Government 1.2km
Coombabah State High School Secondary 7-12 Government 2.6km
Labrador State School Primary Prep-6 Government 2.7km
Coombabah State School Primary Prep-6 Government 3.1km
A B Paterson College Combined Prep-12 Independent 4.5km
Musgrave Hill State School Primary Prep-6 Government 4.7km
Arundel State School Primary Prep-6 Government 4.8km
Southport State High School Secondary 7-12 Government 4.9km
Mastery Schools Australia - Southport Campus Combined Independent 5.3km
St Hilda's School Combined Prep-12 Independent 5.6km
Queensland Academy for Health Sciences Secondary 10-12 Government 5.8km
Southport State School Primary Prep-6 Government 5.8km
The BUSY School - Southport Campus Secondary Independent 5.9km
Guardian Angels' Catholic Primary School Primary Prep-6 Catholic 6.4km
Aquinas College Secondary 7-12 Catholic 6.6km
The Southport School Combined Prep-12 Independent 7.2km
Keebra Park State High School Secondary 7-12 Government 7.4km
Helensvale State School Primary Prep-6 Government 7.5km
Trinity Lutheran College Combined Prep-12 Independent 8.0km
Helensvale State High School Secondary 7-12 Government 8.0km
Trinity Lutheran College (Cotlew Street Campus) Primary Independent 8.0km
Pacific Pines State High School Secondary 7-12 Government 8.7km
Benowa State High School Secondary 7-12 Government 9.7km
Mastery Schools Australia Combined Independent 9.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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