OFF MARKET

2/7 Margaret Street
Tweed Heads NSW 2485

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 1013m2
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Last updated 11 Nov 2024
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Property Details for 2/7 Margaret St, Tweed Heads

2/7 Margaret St, Tweed Heads is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 1013m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
2011
Floor Size
87m2
Land Size
1013m2
Local Government
Tweed
Lot/Plan
2/SP85148

Last Listing description (January 2019)

Positioned on the ground floor level, this is one of nine apartments in the 'Margaret River', built in 2011.
The key feature of the floorplan is a multi-purpose 'Study/Guest Room'. This can be both opened and enclosed using the bi-fold doors to accommodate your needs at the time.
When entering the apartment, you immediately notice the unique open space and homely design. Feature walls, architectural flow, high ceilings and ample natural light gives the apartment the feeling of space and sanctuary.

It's clear the architects had someone downsizing in mind when designing this apartment. Storage space is everywhere! Including a well-sized lockable storage unit in the secured downstairs carpark.
The kitchen features a gas cooktop and plenty of pantry space. Two bench-level windows allow the morning light to flow through the kitchen space. The island-bench looks over the dining and living areas, and through to the garden courtyard.
The north-facing courtyard is exclusive use, with enough greenery and privacy to entertain or enjoy a quiet cup of tea. The garden is easy to maintain, with private pedestrian access onto Stanley St. The undercover area will comfortably accommodate a good-sized barbeque, large table and chairs.
The large main bedroom feels private and has its own side-entry into the shared bathroom.
If you're thinking of downsizing - this is a must to see. Only 100m from the local bus route, which can take you to the centre of Coolangatta's shopping precinct, local clubs and Tweed City Shopping Centre. You're also only 500m to the local Kennedy Plaza shopping centre, and less than 150m from the banks of the Tweed River, park and playgrounds. Go for a short walk and enjoy some local produce cooked at Tweed's famous Scales Seafood, or a coffee and baked treat at one of the many new cafes close by. Take a stroll along the bank of the Tweed River and at enjoy a few drinks and dine on the water at the Ivory Tavern. Everything you need is within walking distance along flat ground. Being ground floor, there are minimal stairs, with lift access to the secured carpark.
For now, the property is vacant. Book your private inspection or one of the open homes as soon as possible, because this one won't last long.
Rental Potential - $400 per/week
Council Rates: $2419.85 per annum
Body Corp: $84 per week (approx.)

Property History for 2/7 Margaret St, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$405,000
08 Nov 2018
Listed for Rent
$385/w
14 Oct 2015
  • 08 Nov 2018
    Sold for $405,000
  • 24 Sep 2018
    Listed for Sale Price by Negotiation $395,000 - $425,000
  • 29 Sep 2015
    Listed for Rent $385 / week
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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 6,848 properties. Over the last 5 years, Houses in Tweed Heads have seen a 73.88% increase in median value, while Units have seen a 74.45% increase. As at 31 October 2024:

  • The median value for Houses in Tweed Heads is $1,102,895 while the median value for Units is $808,447.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 55 properties listed for sale, and 28 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 303 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.