OFF MARKET

281 Terranora Road
Banora Point NSW 2486

Bedrooms: 6
Bathrooms: 5
Car spaces: 18
Floor area: 500m2
Land area: 8345m2
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Property Details for 281 Terranora Rd, Banora Point

281 Terranora Rd, Banora Point is a 6 bedroom, 5 bathroom House with 18 parking spaces and was built in 1970. The property has a land size of 8345m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1970
Floor Size
500m2
Land Size
8345m2
Local Government
Tweed
Lot/Plan
2/DP571768

Last Listing description (April 2020)

The Ultimate Suburban Acreage Estate!

The time for our owners to downsize and move on has come, creating a very rare and exciting opportunity for one discerning buyer to take immediate advantage of. This once in a generational opportunity in one to be explored and considered as properties of this size, location and calibre are nearly impossible to find.


Located in the heights of Banora Point sits your own suburban acreage estate with amazing ocean and mountain views. Sited well on approx 2 acres of usable flat land the homestead although in need of a remodeling is enormous in proportion and will cater for a huge range of buyer requirements. Descriptive phrases alone do not do this estate justice and your immediate inspection is encouraged and will not disappoint. Make no mistake this property is on the market to be sold so contact Aaron Highfield on 0424597724 for further information and to book an inspection.

Fully fenced gated acreage estate so close to shops, schools and bus stops.
Approx 2 acres of flat usable land with amazing Ocean, mountain and suburban views
Possible land subdivision subject to council approval
Huge original family homestead perfect for creative makeover
Four bedroom main residence plus attached two bedroom flat
Separate formal lounge and dining, family living and meals and additional rumpus
Generous centralized country kitchen with granite bench-tops and ample space
Four separate bathrooms service main residence and attached flat
Ample paved outdoor entertaining areas plus in-ground swimming pool
"The stables" - with kitchen and laundry just perfect for guests
Separate Double brick garage with extra storage and auto door
Three huge machinery sheds with so many possible uses
Close to local shops, schools and public transport
Short drive to Coolangatta International Airport
Short drive to golden pristine surf beaches
Drive north to Surfers Paradise and Brisbane, drive South to Byron Bay

There are so many features to this property that an inspection is the only way to fully appreciate the opportunity that presents itself here so call now and avoid disappointment as there is only one of these as not all land was created equal.

Property History for 281 Terranora Rd, Banora Point, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$1,550,000
24 Mar 2020
  • 24 Mar 2020
    Sold for $1,550,000
  • 30 Oct 2019
    Listed for Sale $1,790,000
  • 04 Aug 2014
    Sold
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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 9 properties listed for rent in Banora point on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Banora point.

Suburb Insights for Banora Point 2486

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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.