OFF MARKET

5/24 Recreation Street
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 1218m2
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Property Details for 5/24 Recreation St, Tweed Heads

5/24 Recreation St, Tweed Heads is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1218m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1980
Floor Size
69m2
Land Size
1218m2
Local Government
Tweed
Lot/Plan
5/SP14630

Last Listing description (September 2016)

Directly opposite the PCYC Parklands you will be pleasantly surprised with this (2) bedroom North facing front unit, just one of (8), with security enhanced being on the upper floor of this dual level well maintained complex.

Exceptionally low body corporate fees and within an easy flat walk to either Coolangatta or Tweed Heads for shopping & beach life. 

KEY FEATURES:

- Situated in small block of 8 Units with low Body Corp
- Adjacent to parklands with well-established markets held once a month
- Both bedrooms all with built-ins & good size
- Spacious open plan living & dining
- Large neat & tidy kitchen 
- Private balcony with leafy outlook
- Single lock up garage

ADDITIONAL FEATURES:
- Ceiling fans throughout
- Bright & cool for summer 
- Well maintained complex
- Security screens

DETAILS:
- Currently rented for $280 per week
- Market rent $300 per week
- Body Corp. $46 per week including water
- Rates $555.75 per quarter
This is also a perfect opportunity for savvy investor as the property is currently tenanted with great tenant until October 2015 @ $280 per week.

LOCATION:
Centrally located Tweed Heads unit adjacent to parkland within walking distance to beaches, river, hospital, local clubs and shopping.

Local bus transportation readily available and for major shopping within (5) minutes from home you can choose between Coolangatta, Tweed Centro or Tweed City South Tweed.

Wold class beaches at Kirra, Coolangatta, Snapper & Rainbow are all accessible by push bike.
 
The Southern Cross University & Gold Coast Airport is within a (6) minute drive.
 
AGENTS COMMENTS:
Put away the car and walk to everything, this is all about location and lifestyle.

This apartment ticks many boxes - Position, lifestyle, comfort & entertainment options and still allows an opportunity for those who may wish to adopt their own personal touch of enhancement for today's era.
 
With $300million recently spent upgrading Coolangatta 'The Strand' with numerous developments in planning for both Tweed Heads and Coolangatta, inspect today before it's too late!

David Stringer : 0418 150 731

Property History for 5/24 Recreation St, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$520,000
20 Dec 2022
Listed for Rent
$280/w
28 Jul 2012
  • 20 Dec 2022
    Sold for $520,000
  • 24 Aug 2015
    Sold for $275,000
  • 28 Jan 2015
    Listed for Sale $289,000
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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 6,843 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 52 properties listed for sale, and 25 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 307 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.