OFF MARKET

213/37 Bay Street
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 112m2
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Last updated 11 Nov 2024
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Property Details for 213/37 Bay St, Tweed Heads

213/37 Bay St, Tweed Heads is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 112m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2016
Floor Size
87m2
Land Size
112m2
Local Government
Tweed
Lot/Plan
25/SP93593

Last Listing description (May 2022)

Enjoy the conveniences of living on the cusp of Coolangatta, from this light filled (2) bedroom modern apartment, right in the hub of central Tweed Heads.

This apartment is currently under the National Rental Affordability Scheme (NRAS) which is an initiative of the Australian Commonwealth Government and New South Wales State Government, intended to assist low to middle income earners secure rental accommodation.

The NRAS agreement is for an initial term of 10 years (Commencing 30/06/2016 and expiring 29/06/2026) where the tenant pays 80% of market rent and the Government pays 20% of the rent to you - please note that should you wish to personally occupy the apartment, then this agreement can be terminated.

For investors, this is a perfect property, where you have a lovely retired couple on lease until May 15th 2022 who would ideally wish to stay on if possible, in fact they rented their last unit for over 25 years!

KEY FEATURES:

- Spacious open plan tiled living with 2.9m ceilings
- Well-appointed kitchen w/ stone benchtops, dishwasher & gas cook top
- Master bedroom w/ stylish ensuite & walk in robe
- European style laundry
- Study Nook w/ built in stone top study desk
- Ducted air conditioning & ceiling fans
- Outdoor covered terrace style balcony
- Secure basement allocated car space & storage cage
- Secure building w/ intercom
- Lift access
- Lap pool
- Onsite management

DETAILS:

Body Corporate - $63. 85 per week *
Rates - $716 per quarter instalment *
DJS Market rent assessment $550 per week
NRAS Market rent $475 per week
Current Rent - $365.50 per week / PLUS NRAS pays a further $11,048.04 Per Annum (as noted below) = $577 per week*

- Federal Government Fully Refundable Tax Offset is $8,286.03
- State Government Non Taxable Cash Payment is $2,762.01

Approximate *

LOCATION:

Harbourside' is conveniently located on the fringe of Coolangatta & the Tweed, where you can leave your car behind to experience a myriad of lifestyle options.

You are literally surrounded by an array of cafs & retail outlets as you step out your door, with major shopping at the Tweed Mall just across the road - Bowls & Golf also within a moment's notice.

Twin Towns' is virtually opposite, providing an upbeat social scene and the Southern Cross University & Airport are within (5) minutes from home.

For beach lovers and surfers, you will be able to stroll down to Rainbow Bay, Snapper & D-bah to carve up world class breaks at your leisure.

AGENT'S COMMENTS:

A safe & secure investment or perfect home that would appeal to a wide demographic of buyer of any age or mobility.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Property History for 213/37 Bay St, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$685,000
17 Mar 2022
Listed for Rent
$369/w
29 Apr 2019
  • 17 Mar 2022
    Sold for $685,000
  • 22 Feb 2022
    Listed for Sale UNDER CONTRACT
  • 23 Apr 2019
    Listed for Rent - Price not available
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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.