1/5 Riverlands Pl, Banora Point is a 3 bedroom, 2 bathroom Unit and was built in 1999. The property has a land size of 790m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Banora Point in the last 12 months.
Welcome home to this delightful (3) bedroom, freestanding duplex villa, nestled in a quiet cul-de-sac.
Built in 1999, this light-filled and spacious residence boasts low maintenance gardens and a sense of privacy, that is complemented by covered outdoor areas.
With only shared insurance with the neighbouring property, your new abode offers both convenience and independence. Its prime location ensures you are close to all essential amenities, while the attractive street appeal adds to its welcoming charm.
- Open plan airconditioned living
- Formal living & separate family/meals zone
- Well-appointed kitchen w/ dishwasher & breakfast bar
- Master bedroom w/h walk in robe and ensuite
- Bedrooms 2 & 3 w/ built in robes
- Main bathroom w/ separate bath
- Internal laundry w/ side access
- Undercover pergola & covered front porch
- Double automatic lock up garage w/ internal access
- Fully fenced courtyard & garden shed
DETAILS:
Strata Insurance - $1,773.20 per annum (being 50% share of annual insurance with unit 2)
Rates - $708.90 per quarter year
Market Rent Excellent tenant on periodic lease paying $640 per week (would dearly love to stay on)
Water - $166.00 per quarter year (individually metered)
LOCATION:
This low maintenance property is conveniently positioned within minutes to Banora Shopping Village, Twin Towns / Club Banora offering Olympic pool, tennis and social entertainment. In addition, Tweed City Shopping Centre, Tweed Hospital, Golf & Bowls are all within (7) minutes & the new Tweed Valley Hospital is within (15) minutes from home.
Local Schools for all ages are within a short bike ride such as, St James, St Josephs, Centaur & Pacific Coast and a bus service also operates through this region accessing Lindisfarne Anglican Grammar, which is a mere (10) minutes from home.
Gold Coast beaches, Southern Cross Uni and GC International Airport are within (15) minutes.
AGENT'S COMMENTS:
Whether you're looking to downsize, invest, or take your first step into home ownership, this versatile property with low maintenance and low overheads, is sure to meet your needs, regardless of your age or mobility.
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.
The size of Banora Point is approximately 12.2 square kilometres. It has 21 parks covering nearly 7.8% of total area. The population of Banora Point in 2011 was 15,047 people. By 2016 the population was 16,173 showing a population growth of 7.5% in the area during that time. The predominant age group in Banora Point is 60-69 years. Households in Banora Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banora Point work in a trades occupation. In 2011, 74.4% of the homes in Banora Point were owner-occupied compared with 75.2% in 2016.
Banora Point has 8,208 properties. Over the last 5 years, Houses in Banora Point have seen a 78.50% increase in median value, while Units have seen a 80.37% increase. As at 31 August 2024:
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