8/20 Canal Avenue, Runaway BayQLD 4216

Listing data updated 15 June 2026

Positioned in a highly sought-after location just moments from the Broadwater, this spacious north-facing apartment with one marina berth with direct Broadwater boat access presents an outstanding opportunity for investors seeking immediate income and long-term growth potential. Featuring two generous bedrooms, two bathrooms, and secure basement parking for one vehicle, the apartment offers a practical and comfortable layout designed to maximise natural light and year-round coastal breezes. The desirable north-facing aspect creates a bright and welcoming living environment while enhancing the property's appeal to quality tenants and future owner-occupiers alike. Currently leased at $750 per week until 30 September 2026, this property provides a secure rental return from day one, making it an attractive addition to any investment portfolio. Property Features: Large appointed Marina birth included with sale 2 spacious bedrooms with built-in wardrobes 2 well-appointed bathrooms, including ensuite to master Light-filled open-plan living and dining area North-facing balcony capturing sunshine and breezes Secure basement parking for 1 vehicle Strong investment credentials with tenancy in place until September 2026 Low-maintenance lifestyle in a highly desirable coastal location Located within walking distance to the Broadwater, local cafés, restaurants, parks, public transport, and shopping amenities, this apartment combines lifestyle appeal with excellent investment fundamentals. Whether you're looking to expand your portfolio or secure a future home in a premium location, this is an opportunity not to be missed.