OFF MARKET

2/16 Monterey Avenue
Banora Point NSW 2486

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 763m2
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Last updated 14 Oct 2024
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Property Details for 2/16 Monterey Ave, Banora Point

2/16 Monterey Ave, Banora Point is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1993. The property has a land size of 763m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Townhouse
Year Built
1993
Floor Size
107m2
Land Size
763m2
Local Government
Tweed
Lot/Plan
2/SP43230

Last Listing description (January 2023)

Situated on a flat corner block and positioned in a private cul-de-sac, this single level duplex is a low maintenance-lifestyle property in a convenient, walk to everything location. Welcome to unit Two of Sixteen, Monterey Avenue.

This generous duplex is light filled and well looked after, featuring a spacious open plan living dining area and kitchen that is well equipped with modern appliances and ample storage space. Step out from the dining area into the undercover entertaining area and patio with storage shed

Enjoying an ensuited master bedroom and a further two bedrooms, all with built-in wardrobes and tiled throughout, ensuring low maintenance living. The main bathroom features a bathtub. This duplex is the perfect new home for downsizers, first home buyers or investors, this opportunity is one you don't want to miss.

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

Potential rental yield $680 - $700 per week
Private cul-de-sac position
Low-set duplex
Air-conditioned master bedroom
Air-conditioned open plan living/dining with ceiling fan
Modern Stainless Steel Kitchen Appliances
Three spacious tiled bedrooms
Attached single garage with internal access
Desirable central location
Close to Schools, public transport, Banora Village Shopping Centre, Twin Towns Junior Club and Club Banora.

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 2/16 Monterey Ave, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$649,000
19 Aug 2022
Listed for Rent
$350/w
21 Jul 2016
  • 19 Aug 2022
    Sold for $649,000
  • 06 Jul 2022
    Listed for Sale Price Guide $660,000 - $700,000
  • 20 Sep 2016
    Sold for $395,000
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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 8,173 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.

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