18/100 Morala Avenue Runaway Bay QLD 4216

3 bed townhouse |$1.2M est value |Newly listed |Oasis complex appeal | 260m² lot suits downsizers or investors seeking low-maintenance canal proximity. This three-bedroom townhouse on a 260sqm lot within a canal estate fits couples or small families prioritising waterfront lifestyle access and school catchments. Positioned in the Oasis complex off Morala Avenue it benefits from shared canal frontage that elevates its practical appeal over standalone homes. The modest land size supports efficient living without high upkeep making it ideal for those transitioning from larger properties. Buyers drawn to similar townhouses here often include retirees or professionals valuing 5G coverage and NBN alongside flood and bushfire overlays that demand insurance awareness. Recent sales in the complex like unit 53 at $850,000 underline a market segment where three-beds hold steady around $1.1-1.2 million. Its residential zoning and state school proximity add reliability for long-term holders. Rental potential near $1000 weekly positions it well for yield-focused owners in a suburb where townhouses rarely linger. Overall this setup promises enduring value amid canal precinct demand.