302 Mcallisters RoadBilambil Heights NSW 2486
Property Details for 302 Mcallisters Rd, Bilambil Heights
302 Mcallisters Rd, Bilambil Heights is a 10 bedroom, 4 bathroom House with 3 parking spaces and was built in 1945. The property has a land size of 22716m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2022)
Located less than 20 minutes to the Gold Coast's beaches and Gold Coast Airport lies this extremely rare 5 acre site which is currently zoned general residential. The site at the moment consists of 4 post war cottages with a combined rental income of $700pw, this could easily be increased to over $1000pw. The land is quite useable and is currently farming small crops and consists of a spring fed dam.
Property Particulars
Land Size: 2.27 Hectares, just over 5.6 Acres
Council: Tweed Shire Council
Height Limit: 13.6m
Minimum Lot Size: 450m2
The property is surrounded by Lanham Property which is a 50 hectare site currently on the market for sale and is located just down the road from Scenic Ridge Estate which is a 44 lot development consisting of both residential and small rural lots, most of this estate has been sold out.
This is a great opportunity to purchase an affordable development site with a huge financial upside, keep the tenants in place whilst you work with Tweed Shire Council to maximise the properties potential.
Information provided by NSW planning portal, please email me to request a copy of the property report.
Property History for 302 Mcallisters Rd, Bilambil Heights, NSW 2486
- 17 Feb 2021Sold for $1,500,000
- 18 Dec 2020Listed for Sale Price Guide $1.5 Million to $1.6 Million
- 22 Jul 2014Sold
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0About 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 1,566 properties. Over the last 5 years, Houses in Bilambil Heights have seen a 78.85% increase in median value, while Units have seen a 62.77% increase. As at 31 October 2024:
- The median value for Houses in Bilambil Heights is $997,582 while the median value for Units is $606,927.
- Houses have a median rent of $850 while Units have a median rent of $595.
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