OFF MARKET

24/61 Marana Street
Bilambil Heights NSW 2486

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 43m2
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Property Details for 24/61 Marana St, Bilambil Heights

24/61 Marana St, Bilambil Heights is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 43m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1985
Land Size
43m2
Local Government
Tweed
Lot/Plan
24/SP93623

Last Listing description (May 2021)

Tweed Grandview Terraces is a little-known investment secret ideally located overlooking the Gold Coast and are priced significantly below replacement value.

Ready to live in now, these apartments are a brilliant investment opportunity to start, or add to, your real estate portfolio.


Live in yourself or investor return 6.24% yield | 100% occupancy.


THE LOCATION :

This iconic property offers the best value elevated built units on the Southern Gold Coast / Tweed Region. Owner / occupiers and tenants alike love this hilltop location which offers magnificent views to the glorious Gold Coast beaches, Mount Warning and the Tweed Valley Hinterland.

The Gold Coast and specifically the southern end is continuing to receive over $1 billion in infrastructure growth and upgrades.

Bilambil / Terranora is part of the Tweed Shire Council area and this area is one of the strongest population growth centres in New South Wales outside the Sydney Region.

Tweed Grandview Terraces is a truly lifestyle rich location -

12 minutes to Coolangatta which offers an abundance of restaurants, cafes, shopping & cinemas
12 minutes to the stunning patrolled Coolangatta Beach
10 minutes to the Gold Coast Airport (domestic & international)


THE PROPERTY :

studio seperate bathroom
1 car park

Double bed + Single bed
Fridge
Cooktop
Microwave
Spa bath
Private Balcony
No stairs
Carpark
Ocean/Mountain Views
15 mins Coolangatta Beach
12 mins Gold Coast International Airport
Secure complex/ Caretaker onsite

This iconic property has received a stunning and contemporary $1.5 million external makeover. The buildings, the lush established gardens and grounds, the tranquil lagoon style swimming pool and spa plus the large alfresco BBQ area and playground are all looking fabulous.

Built & ready NOW
Quiet secure location
On-site management


Please contact us to discuss this exciting and unique real estate opportunity.




Display Unit open by appointment.

Property History for 24/61 Marana St, Bilambil Heights, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$150,000
02 Dec 2020
  • 02 Dec 2020
    Sold for $150,000
  • 18 Nov 2020
    Listed for Sale SOLD - Price Withheld

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About Bilambil Heights 2486

The size of Bilambil Heights is approximately 9.9 square kilometres. It has 4 parks covering nearly 5.1% of total area. The population of Bilambil Heights in 2011 was 3,277 people. By 2016 the population was 3,371 showing a population growth of 2.9% in the area during that time. The predominant age group in Bilambil Heights is 50-59 years. Households in Bilambil Heights are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bilambil Heights work in a professional occupation. In 2011, 76.3% of the homes in Bilambil Heights were owner-occupied compared with 77.2% in 2016.

Bilambil Heights has 1,567 properties. Over the last 5 years, Houses in Bilambil Heights have seen a 81.29% increase in median value, while Units have seen a 55.21% increase. As at 31 July 2024:

  • The median value for Houses in Bilambil Heights is $987,013 while the median value for Units is $623,933.
  • Houses have a median rent of $850 while Units have a median rent of $495.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Bilambil heights on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Bilambil heights.

Suburb Insights for Bilambil Heights 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.