111 Bentinck StreetBallina NSW 2478
Property Details for 111 Bentinck St, Ballina
111 Bentinck St, Ballina is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom BlockOfUnits sold in Ballina in the last 12 months.
Last Listing description (May 2024)
An attractive opportunity for astute investors, this complete block of units claims a prime walk-to-everywhere location in central Ballina. Comprising four newly renovated two bedroom units, the single-level complex offers strong returns in Ballina's competitive rental market. It's a short walk to Ballina Fair and just a 4 min drive to the beach.
- Information memorandum and virtual tours available on request
- Rare opportunity to acquire a multi-income investment in central Ballina
- Each unit offers an open-plan living and dining area with easy care flooring
- Modernised central kitchens featuring timeless matte black tapware
- Stylish bathrooms offer timber vanities with marble-look stone tops
- Two good sized carpeted bedrooms feature built-in robes and carpet
- Security screens and blinds throughout, shared grassed yard and laundry
- Off-street residents' car parking, low-maintenance complex ideal for investors
- Convenient to major shopping centres, sports clubs, schools and beaches
- Prime addition to a property portfolio with scope for healthy rental returns
- Please note that this property was not flood affected in 2022
Property History for 111 Bentinck St, Ballina, NSW 2478
- 24 May 2024Sold for $1,590,000
- 14 Mar 2024Listed for Sale $1,590,000
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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 6,868 properties. Over the last 5 years, Houses in Ballina have seen a 56.81% increase in median value, while Units have seen a 39.96% increase. As at 31 October 2024:
- The median value for Houses in Ballina is $896,485 while the median value for Units is $679,321.
- Houses have a median rent of $690 while Units have a median rent of $515.
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