OFF MARKET

12 Martinelli Avenue
Banora Point NSW 2486

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 666m2
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Property Details for 12 Martinelli Ave, Banora Point

12 Martinelli Ave, Banora Point is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 666m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1980
Floor Size
139m2
Land Size
666m2
Local Government
Tweed
Lot/Plan
16/DP260908

Last Listing description (February 2024)

Situated in a quiet street in exclusive East Banora Point, boasting panoramic views of the Tweed coastline and cool ocean breezes rolling up the hill, we welcome you to 12 Martinelli Avenue, Banora Point.

FEATURES
Large front lawn with established gardens with plenty of fruit trees, lemons, mandarins & limes for you to enjoy.

The property is also energy efficient with solar panels to reduce power costs.

UPSTAIRS
- Generous sized bedrooms with built-ins and ceiling fans
- Open plan living and dining with air conditioning, ceiling fan/light & new floorboards throughout
- Balcony extending off both sides of living room with magnificent views
- Modest kitchen equipped with plenty of storage, cook top & oven
- Generously sized bathroom with shower & bath with laundry combined
- Separate toilet
- Double lock up garage

DOWNSTAIRS
- Good sized main bedroom with ceiling fan and 2 way bathroom
- Second bedroom with ceiling fan
- Welcoming common area combined with laundry & sink
- Lounge room with great views & combined ceiling fan/light

WHERE TO FROM HERE
- Close proximity to public transport
- Close proximity to a number of local pre-schools, primary/high schools & universities
- 4 minute drive to the M1
- 5 minute drive to Banora Shopping Village, groceries, chemist, newsagency, bakery & bottleshop
- 7 minute drive to Tweed Heads shopping precinct, Tweed City Shopping Centre
- 9 minute drive to the Gold Coast International Airport
- 11 minute drive to the Tweed Heads Hospital
- 11 minute drive to Southern Cross University
- 11 minute drive to Coolangatta's golden beaches
- 45 minute drive to Surfers Paradise
- 42 minute drive to Byron Bay
- 1 hour 53 minute to Brisbane

THE FINER DETAILS
Block size: 695m2
Year Built: 1980
Rental Appraisal: $950 - $1,000 approx per week
Water: $231.28 approx per quarter
Zone: Low Density Residential
Tenancy in place until 6 January 2023 achieving $1,000 per week

Contact Lenny McLennan on 0417 604 038 or Tanae Boyle on 0402 676 424 to organise your inspection today!

DISCLAIMER
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor.

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Property History for 12 Martinelli Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$925,500
15 Sep 2023
Listed for Rent
31 Dec 2022
  • 15 Sep 2023
    Sold for $925,500
  • 07 Jul 2023
    Listed for Sale $889,000 - $929,000
  • 21 Jun 2021
    Sold for $777,000
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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 8,167 properties. Over the last 5 years, Houses in Banora Point have seen a 71.10% increase in median value, while Units have seen a 78.70% increase. As at 31 October 2024:

  • The median value for Houses in Banora Point is $1,027,792 while the median value for Units is $751,234.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 51 properties listed for sale, and 12 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Banora point.

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