OFF MARKET

2/5-7 Pine Avenue
East Ballina NSW 2478

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 1127m2
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Property Details for 2/5-7 Pine Ave, East Ballina

2/5-7 Pine Ave, East Ballina is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1127m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1975
Floor Size
79m2
Land Size
1127m2
Local Government
Ballina
Lot/Plan
2/SP9882

Last Listing description (August 2018)

Ocean views? Yes. Close to shops? Yes. Walking distance to Ballina CBD? Yes.

Located down Pine Avenue in East Ballina, you will find this rare gem the iconic Babjack building. With only 6 units in the block, each with their own lock up garage, and balcony with both ocean and river views.

Every room in the two bedroom unit has at least one window for great airflow and natural lighting. Open plan living in the kitchen, living room and dining room that maximizes the common area. The toilet and bathroom are separate, while the laundry is located off the kitchen and tucked away nicely. The living room leads to the balcony where the best views of the ocean and river can be seen.

The unit is conveniently accessible from both Pine Avenue and Hill Street. Making Shaws Bay and North Creek Beach an easy 5 minute walk from your doorstep. The Shaws Bay hotel and the caf is only a 5 minute walk away too.

Units like these do not come to market often and when they do they are gone quickly.

Investors there is currently a long term tenant in place who is willing to stay on. Rental income potential is $380 to $400 per week.

Call Lois Buckett on 0428 877 399 to arrange your inspection.

Council rates: $1875/year

Strata fees: $2500/year

Features include:

Two good sized bedrooms with built in robes and ceiling fans

Separate bathroom and toilet

Dual access from Pine Avenue and Hill Street

Windows in every room for airflow and natural light

Single lock up garage

Perfect opportunity to downsize, first home buyers or investors

Convenient location, walk to Shaws Bay and Ballina CBD

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Property History for 2/5-7 Pine Ave, East Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$436,000
06 Apr 2018
Listed for Rent
$300/w
17 Dec 2014
  • 06 Apr 2018
    Sold for $436,000
  • 13 Mar 2018
    Listed for Sale $436,000
  • 05 Dec 2014
    Listed for Rent - Price not available
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About East Ballina 2478

The size of East Ballina is approximately 7.9 square kilometres. It has 23 parks covering nearly 34.7% of total area. The population of East Ballina in 2011 was 5,318 people. By 2016 the population was 5,567 showing a population growth of 4.7% in the area during that time. The predominant age group in East Ballina is 60-69 years. Households in East Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Ballina work in a professional occupation. In 2011, 67.2% of the homes in East Ballina were owner-occupied compared with 66.1% in 2016.

East Ballina has 3,232 properties. Over the last 5 years, Houses in East Ballina have seen a 60.75% increase in median value, while Units have seen a 50.02% increase. As at 31 October 2024:

  • The median value for Houses in East Ballina is $1,096,591 while the median value for Units is $797,548.
  • Houses have a median rent of $760 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 2 properties listed for rent in East ballina on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in East ballina.

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