SOLD
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Sold on 03 Jul 2024 for $735,000

11/3-7 Monterey Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 263m2
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Property Details for 11/3-7 Monterey Ave, Banora Point

11/3-7 Monterey Ave, Banora Point is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a floor size of 263m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Townhouse sold in Banora Point in the last 12 months.

Building Type
Townhouse
Floor Size
263m2
Local Government
Tweed
Lot/Plan
11/SP48571

Last Listing description (July 2024)

Discover the epitome of modern living with this spacious and beautifully maintained townhouse, perfectly positioned in an exclusive, serene complex. Boasting an elevated north-easterly aspect, this home offers an enviable lifestyle just moments away from top-rated schools, shopping centres, and public transport.

Key Features:

Prime Position & Scenic Outlook:

Nestled within a small, well-kept complex with picturesque views.
Enjoy an elevated north-easterly aspect, offering abundant natural light and gentle breezes.

Elegant Interior & Versatile Layout:
Thoughtfully designed with neutral tones and free-flowing interiors.
Spread over two levels, the versatile floorplan caters to diverse lifestyles:

Upper Level:
Features two generously sized bedrooms, open plan living, and a covered balcony with a stunning outlook.

Lower Level:
A third bedroom with a well-equipped bathroom, providing convenience and privacy.
Seamless indoor/outdoor transition to the rear courtyard, adorned with easy-care gardens.

Luxurious Bedrooms:
Three spacious bedrooms, all with built-in wardrobes.
The master suite boasts an ensuite bathroom and enjoys a sunny, peaceful aspect.

Ample Storage & Workshop Space:
Enormous double car garage with extensive under-house storage.
Plenty of room for a workshop, perfect for hobbyists or DIY enthusiasts.

Gourmet Kitchen:
Well-appointed kitchen featuring electric cooking, a range hood, double sink, and abundant cupboard space.

Exclusive Complex Amenities:
Situated in a quiet, pet-friendly boutique complex of only 18 units.
Enjoy low body corporate fees of approximately $50 per week, covering water and building insurance.

Ideal for a Variety of Buyers:
Perfect for investors, owner-occupiers, first home buyers, or those seeking extra space and low-maintenance living.
Rental potential of $700 per week makes this an attractive investment opportunity.

Convenience at Your Doorstep:
A short, level stroll to nearby shops, schools, public transport, and local clubs.
Easy access to the M1 for seamless commuting.
Just a short drive to the Gold Coast Airport and world-famous beaches.
Experience the perfect blend of luxury, comfort, and convenience at 11/3 Monterey Avenue. This stunning townhouse is more than just a home; it's a lifestyle waiting to be embraced. Don't miss your chance to make this exceptional property yours.

Contact us today to arrange a private viewing and take the first step towards your dream home!

Disclaimer:
(Please note the swimming pool is under construction and will be completed before settlement. The images shown are renders for marketing purposes only and may not 100% accurately represent the exact final shape and design).

All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you and has been provided to Coastal Property Collective by third parties. Coastal Property Collective cannot definitively confirm whether the information listed is correct or 100% accurate. Coastal Property Collective does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information on the Website should not be relied upon and you should make your own enquiries and seek legal advice regarding any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 11/3-7 Monterey Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$735,000
03 Jul 2024
Listed for Rent
$680/w
24 Nov 2023
  • 13 Jun 2024
    Sold for $735,000
  • 04 Jun 2024
    Listed for Sale $735,000
  • 21 Nov 2023
    Listed for Rent $680 / week
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About Banora Point 2486

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 8,173 properties. Over the last 5 years, Houses in Banora Point have seen a 76.76% increase in median value, while Units have seen a 79.89% increase. As at 30 September 2024:

  • The median value for Houses in Banora Point is $1,042,037 while the median value for Units is $746,223.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 56 properties listed for sale, and 10 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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Greg Costello
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Gus D'Anton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.