OFF MARKET

17 Mariners Crescent
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 171m2
Land area: 1200m2
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Last updated 11 Nov 2024
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Property Details for 17 Mariners Cres, Banora Point

17 Mariners Cres, Banora Point is a 3 bedroom, 3 bathroom House and was built in 1989. The property has a land size of 1200m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1989
Floor Size
171m2
Land Size
1200m2
Local Government
Tweed
Lot/Plan
38/DP263366

Last Listing description (June 2022)

The blank canvas is here to create so endless opportunities. You have so many choices all on a 1200m2 block. Do you keep the house and restore it to its former glory? Do you look at turning the property into a duplex subject to council approval. Or do you make it rent ready and turn it in to a permanent investment and land bank. All these questions with a property literally oozing with potential. Not for the faint of heart it comes with its challenges to restore. The layout of this family home upstairs is two bedrooms, two bathrooms master with ensuite, sizeable living with hardwood timber floors, modern style kitchen with stone benchtops and a great deck area but like the rest of the home this needs attention. Downstairs offers another bedroom equipped with bathroom and storage or perfect work from home business. Garaging is well equipped with two spaces plus a nice flat frontage which is rare on a hillside location.
This opportunity is cemented in a high growth area of the exclusive Oxley Cove Estate and may be one of the best opportunities to come knocking on the door this year.

@Tate Brownlee Real Estate we open the doors to your future

Blue Ribbon Oxley Cove
Elevated with leafy outlook
Very private and quiet street address
Close to the M1 highway access
Blank canvas wanting someone with vision
Close to water access
1200m2 block

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

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Property History for 17 Mariners Cres, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$835,000
12 Apr 2022
Listed for Rent
$550/w
27 Feb 2017
  • 12 Apr 2022
    Sold for $835,000
  • 18 Mar 2022
    Listed for Sale Auction Onsite Sat 9th April 1pm
  • 02 Feb 2017
    Listed for Rent - Price not available
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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 53 properties listed for sale, and 13 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Banora point.

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