3/85 Bayview Street, Runaway Bay QLD 4216

Waterfront enclave | direct ocean access | 30ft pontoon | 3 bed townhouse | secure gated entry This property presents a competitively strong proposition due to its rare direct ocean access and private pontoon within a six-residence enclave, a configuration that sharply differentiates it from standard Runaway Bay stock. The end-position townhouse with secure gated entry and Crim safe screens offers a premium, low-density waterfront lifestyle typically reserved for houses, not units. Ducted and zoned air conditioning substantiates a quality build. This property serves a buyer seeking a permanent or holiday residence with genuine deep-water utility, not merely a view, and appeals to those prioritising privacy and exclusive amenity over communal facilities. The decision hinges on reconciling the unique positioning with opaque comparable sales data. The primary risk is valuing a niche asset without clear townhouse comparables, relying instead on broader house sales which may not reflect this property’s specific premium. The commercial opportunity lies in acquiring a tightly held waterfront holding where value is anchored by the irreplaceable pontoon and access, insulating it from general market fluctuations. Proceed with a targeted valuation that financially models the replacement cost and utility value of the deep-water berthing, as this property should be held for lifestyle utility and long-term capital stability in its micro-location, not for short-term yield where data is absent.