OFF MARKET

46 Main Road
Fingal Head NSW 2487

Bedrooms: 6
Bathrooms: 4
Car spaces: 1
Land area: 1012m2
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Property Details for 46 Main Rd, Fingal Head

46 Main Rd, Fingal Head is a 6 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Land Size
1012m2
Local Government
Tweed
Lot/Plan
351/DP755740

Last Listing description (December 2021)

MUCH MORE THAN MEETS THE EYE

On first glance 46 Main Road, Fingal Head looks like an older house on a generous block of land. Others confuse it with a block of land next to an old house.

Be pleasantly surprised when advised it is all of that and more. At the moment it is a 1012m double block with a large house that was converted into a block of 4 units in a bygone era (2 x 1 and 2 x 2 bed). Pre-existing usage rights now prevail.

That being established, the versatile site now provides options galore for prospective purchasers, all subject to council approval. see potential below;

Don't do anything, set and forget. In the current market the units could achieve up to $70,000pa
Renovate the units to improve your yield (STCA). Hold the land as an investment
Knock down the units and subdivide into 2x506m sites in keeping with Main Road
Build on one or both sites. Sell one, keep the other, sell both
Build your dream beachside home across the entire block
* Dual street frontage, 4 duplexes, each with own street access

Fingal Head is one of the most highly desired locations on the East Coast. Consider this as entry level into the coastal village. Single block prices start at 1.6 mill and above. With genuine sellers afoot we are seeking offers for a prompt sale. To request additional information or to schedule an onsite inspection please contact Jamie Wilmen at Raine & Horne, Tweed Coast.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

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Property History for 46 Main Rd, Fingal Head, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$2,750,000
03 Dec 2021
Listed for Rent
$310/w
07 Dec 2021
  • 07 Dec 2021
    Listed for Rent $310 / week
  • 03 Dec 2021
    Sold for $2,750,000
  • 18 Nov 2021
    Listed for Sale SOLD BY JAMIE & JESSE WILMEN
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About Fingal Head 2487

The size of Fingal Head is approximately 6.1 square kilometres. It has 7 parks covering nearly 6% of total area. The population of Fingal Head in 2011 was 543 people. By 2016 the population was 589 showing a population growth of 8.5% in the area during that time. The predominant age group in Fingal Head is 50-59 years. Households in Fingal Head are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Fingal Head work in a professional occupation. In 2011, 65.4% of the homes in Fingal Head were owner-occupied compared with 61.2% in 2016.

Fingal Head has 369 properties. Over the last 5 years, Houses in Fingal Head have seen a 73.42% increase in median value, while Units have seen a 100.08% increase. As at 31 July 2024:

  • The median value for Houses in Fingal Head is $1,679,016 while the median value for Units is $986,976.
  • Houses have a median rent of $1,000 while Units have a median rent of $408.
There are currently 4 properties listed for sale, and no properties listed for rent in Fingal head on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Fingal head.

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