SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $700,000

5/20 Pearl Street
Kingscliff NSW 2487

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/20 Pearl St, Kingscliff

5/20 Pearl St, Kingscliff is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Kingscliff in the last 12 months.

Building Type
Apartment
Local Government
Tweed
Lot/Plan
5/SP19586

Last Listing description (June 2024)

Exciting Opportunity by the Beach! This well-built two-bedroom unit on the mid floor, just one street away from the beach in town, is now available. It's an excellent investment prospect, featuring a well-maintained unit, Perfect for both seasoned investors and first-time homebuyers looking for a coastal apartment. Situated a mere 200 meters from the stunning Kingscliff Beach, you can enjoy the soothing sound of waves from the comfort of your living room.

The prime location offers easy access to the town center, where you'll find cafes, shopping, dining options, and local bars just a short stroll away. The unit boasts a spacious living room, dining area, and a wide, covered, north-facing balcony. The kitchen has been recently renovated, and there's a separate laundry and storage area that could be converted into a Butler’s pantry.

Abundant natural light fills the property from windows on both sides, ensuring a bright and airy atmosphere with cross ventilation to capture refreshing Kingscliff sea breezes. Downstairs, a spacious lock-up garage with a rear access door provides convenient entry and exit, connecting easily to the driveway on Pearl Street.

An additional perk is the upcoming opening of the new $723 million Tweed Valley Hospital on May 14, 2024, adding value to this investment opportunity.

Key Features
- Light filled unit, captures all of the breezes
- Renovated kitchen, Adjacent laundry/walk in pantry
- Two large bedrooms
- Lock up single garage
- Central location in the heart of Kingscliff
- 8 Units in the complex, Strata $80 per week

To explore this Kingscliff Apartment, contact Adam Thompson at 0412 337 636 for an inspection.

Whilst the information contained in this report is believed to be accurate and reliable, Kingscliff Sales and Rentals does not guarantee or warrant the accuracy, reliability, completeness, currency or usefulness of the information and is not responsible for or liable in respect of any loss, damage, cost or expense suffered as a result of reliance on that information.

Property History for 5/20 Pearl St, Kingscliff, NSW 2487

A timeline of how this property has performed in the market
Last Sold
$700,000
06 Jun 2024
Listed for Rent
$600/w
30 May 2024
  • 30 May 2024
    Sold for $700,000
  • 24 May 2024
    Listed for Rent $600 / week
  • 17 Feb 2024
    Listed for Sale Price Guide $720,000 - $740,000
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About Kingscliff 2487

The size of Kingscliff is approximately 6.5 square kilometres. It has 21 parks covering nearly 28.2% of total area. The population of Kingscliff in 2011 was 6,392 people. By 2016 the population was 7,480 showing a population growth of 17.0% in the area during that time. The predominant age group in Kingscliff is 50-59 years. Households in Kingscliff are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingscliff work in a professional occupation. In 2011, 60.1% of the homes in Kingscliff were owner-occupied compared with 64.6% in 2016.

Kingscliff has 5,537 properties. Over the last 5 years, Houses in Kingscliff have seen a 87.89% increase in median value, while Units have seen a 70.45% increase. As at 31 October 2024:

  • The median value for Houses in Kingscliff is $1,801,048 while the median value for Units is $904,786.
  • Houses have a median rent of $910 while Units have a median rent of $750.
There are currently 73 properties listed for sale, and 19 properties listed for rent in Kingscliff on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Kingscliff.

Suburb Insights for Kingscliff 2487

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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.