FOR SALE
$430,000 - $470,000

7/1 Maine Place
Ballina NSW 2478

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Top Floor Gem – Prime Investment or First Home Opportunity

Discover this delightful top-floor unit nestled in a sought-after location, perfectly positioned for lifestyle and convenience. Great proximity to North Creek and River Street, this light and breezy unit is a must-see!
Featuring:
- Two spacious bedrooms with built-in wardrobes
- Open-plan living area that flows effortlessly onto a large balcony, perfect for relaxation or entertaining
- Generous kitchen with ample storage
- Secure single lock-up garage with an additional storeroom and private laundry
Set in excellent original condition, this property offers great potential for a simple cosmetic update, transforming it into something truly special. For investors, the unit currently achieves $440 per week, presenting a fantastic return on investment.
Don't miss your chance to secure a high-yield property in the thriving Ballina market. Whether you're looking for a first home or a solid addition to your investment portfolio, this opportunity is not to be missed.
This property is sure to garner the attention of the most savvy purchasers, so do not delay – contact Mark Ronan today on 0432 052 315 to arrange an inspection.
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property Details for 7/1 Maine Pl, Ballina

7/1 Maine Pl, Ballina is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Professionals Ballina/Lennox Head.

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About Ballina 2478

The size of Ballina is approximately 21.5 square kilometres. It has 21 parks covering nearly 29.4% of total area. The population of Ballina in 2011 was 7,874 people. By 2016 the population was 8,655 showing a population growth of 9.9% in the area during that time. The predominant age group in Ballina is 60-69 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a trades occupation. In 2011, 49.4% of the homes in Ballina were owner-occupied compared with 51.3% in 2016.

Ballina has 6,856 properties. Over the last 5 years, Houses in Ballina have seen a 53.79% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:

  • The median value for Houses in Ballina is $896,109 while the median value for Units is $705,617.
  • Houses have a median rent of $675 while Units have a median rent of $500.
There are currently 56 properties listed for sale, and 23 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Ballina.

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Mark Ronan
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Professionals Ballina/Lennox Head
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