SOLD
Sold on 29 Jul 2024 for $293,400

1/82 Keith Compton Drive
Tweed Heads NSW 2485

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4227m2
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Property Details for 1/82 Keith Compton Dr, Tweed Heads

Building Type
Commercial
Land Size
4227m2
Local Government
Tweed
Lot/Plan
1/SP38777

Last Listing description (August 2024)

Positioned with high exposure on the corner of this mixed use medical specialist complex, is this fully refurbished suite leased to well established Hair Salon "The Velvet Hair Lounge".The tenant has just exercised and renewed their 3 year option commencing 01/11/2024.INVESTMENT DETAIL:- New 3 year lease term. - Rental Commencing 01/11/2024 $21,100 per annum + GST- Outgoings: $4,186 per annum*.- Net rental return $16,914 per annum*. FEATURES:- 35sqm internal NLA plus small court yard- Corner positioned lot. - Located in medical specialist complex. - Well established tenant with excellent track record - Fully refurbished interior. PRICE:UNDER CONTRACTFor more information, contact exclusive selling agents Towers Francis Property.

Property History for 1/82 Keith Compton Dr, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$293,400
29 Jul 2024
Listed for Rent
$29/w
01 Nov 2021
  • 02 Aug 2024
    Listed for Sale UNDER CONTRACT - TOWERS FRANCIS PROPERTY
  • 29 Jul 2024
    Sold for $293,400
  • 31 May 2021
    Listed for Rent $1,500 / year
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About Tweed Heads 2485

The size of Tweed Heads is approximately 4.5 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Tweed Heads in 2011 was 7,525 people. By 2016 the population was 8,171 showing a population growth of 8.6% in the area during that time. The predominant age group in Tweed Heads is 60-69 years. Households in Tweed Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads work in a professional occupation. In 2011, 57.5% of the homes in Tweed Heads were owner-occupied compared with 58.3% in 2016.

Tweed Heads has 6,883 properties. Over the last 5 years, Houses in Tweed Heads have seen a 86.81% increase in median value, while Units have seen a 75.43% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads is $1,117,104 while the median value for Units is $796,652.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 64 properties listed for sale, and 41 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Tweed heads.

Suburb Insights for Tweed Heads 2485

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Disclaimer
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.