55/2 Martin StreetBallina NSW 2478
Property Details for 55/2 Martin St, Ballina
55/2 Martin St, Ballina is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 141m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2021)
Two apartments for sale Located on Top Floor of the Iconic Ramada, Ballina.
On offer are two, 2-bedroom apartments, located adjacent to each other on the top floor in Ballinas iconic Ramada.
Both apartments feature spectacular water views overlooking the Richmond River. This unique offering secures a permanent holiday base, with an excellent return when not in use - the choice of usage is yours.
The apartments each offer a unique range of possibilities and configurations of use, presenting either an excellent investment or a luxury, waterfront holiday base.
Each luxury 2-bedroom apartment has two balconies with exquisite water and district views overlooking the Richmond River, Boat Harbour and Mobbs Bay, and also features a contemporary, open plan kitchen, dining space and living space with a balcony and stunning water views.
The apartments boast two master bedrooms, each with ensuites and built-in robes. The separate large master bedroom also features a private balcony overlooking the river. Each of the two balconies are tiled, with the balcony located directly off the living space being large enough to cater to al fresco dining, complete with magnificent water views. Each apartment also conveniently feature a separate laundry space.
The unique configuration allows for clever use of dual hotel keys that allow the apartment to be split into two one-bedroom hotel accommodation rooms, with one being the larger, self-contained apartment. (See floor plan).
As these two, separate 2-bedroom waterfront apartments are located on the top floor of the Ramada in Ballina, there is also a host of amenities to be enjoyed by the owners and guests. The Ramada is a four-star hotel, complete with reception and secure parking, located in a prime CBD location. There is a large pool, a gymnasium, an in-house restaurant, room service, plus high-speed internet and meeting rooms.
The ideal location also features bicycle and walking paths along the river and access for fishing, plus all the conveniences of Ballinas CBD at your door. Both apartments have been freshly painted with new drapes and are ready to offer a return on investment immediately.
This unique offering is sure to garner much interest in the market as a sound investment, that doubles as a luxury holiday home, large enough for the whole family to enjoy.
10 Minutes from Ballina Byron Airport
20 Minutes North to Byron Bay
Property History for 55/2 Martin St, Ballina, NSW 2478
- 03 Feb 2021Sold for $660,000
- 07 Dec 2020Listed for Sale $695,000
- 15 May 2020Sold
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0About 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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