47/21 Bayview Street, Runaway Bay QLD 4216

Oversized 211m² apartment | 3 bed 2 bath 2 car | Broadwater and hinterland views | Residential-only tower | Last sold June 2024 for $1.41m This property is competitively rare within the Runaway Bay apartment market because its internal area of approximately 211 square metres is closer to a house than a standard unit, which means it competes against both premium apartments and smaller waterfront houses. The mid-to-high floor position with panoramic views of the Broadwater coastline and hinterland ranges is a strong differentiator, and the residential-only building character means it attracts owner-occupiers and downsizers rather than short-stay investors. The 1990-built tower is well-established, and the two-car accommodation is a practical advantage for this buyer profile. The sale price may be influenced by the building’s age and the quality of its ongoing management, because a 1990 tower can carry higher body corporate costs or future capital works levies that a newer building might not. The large floor area and view-dependent positioning might also mean the property’s value is more sensitive to changes in the immediate waterfront precinct than generic apartment stock would be. The reported land size inconsistencies across databases suggest the strata lot dimensions should be verified directly before forming a final view on price.