104/2-6 Pandanus Pde, Cabarita Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 3428m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
This iconic, exclusive 57 apartment resort is located on direct beach front with ocean views. This superior positioning can never be replaced due to a federal stop on all developments this close to the beach (approximately 20 metres).
We are offering this 3 bedroom 159m2 apartment under the million dollar price tag to encourage a swift sale. Whilst the sellers have owned and loved it from new it is time to allow others the privilege.
Expected gross income for these 3 bedroom apartments sit generally between $60,000 and $70,000 p.a. With increasing revenue each year as more regulars learn about the Tweed Coast's best hidden secret.....The Beach.
The size of Cabarita Beach is approximately 1.5 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Cabarita Beach in 2011 was 3,099 people. By 2016 the population was 104 showing a population decline of 96.6% in the area during that time. The predominant age group in Cabarita Beach is 10-19 years. Households in Cabarita Beach are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cabarita Beach work in a trades occupation. In 2011, 58.6% of the homes in Cabarita Beach were owner-occupied compared with 25% in 2016..
Cabarita Beach has 180 properties. Over the last 5 years, Houses in Cabarita Beach have seen a 96.41% increase in median value, while Units have seen a 69.28% increase. As at 31 October 2024:
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