OFF MARKET

5/6 Mugga Way
Tweed Heads NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 808m2
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Last updated 11 Nov 2024
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Property Details for 5/6 Mugga Way, Tweed Heads

5/6 Mugga Way, Tweed Heads is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 808m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1981
Floor Size
74m2
Land Size
808m2
Local Government
Tweed
Lot/Plan
5/SP18176

Last Listing description (June 2022)

Conveniently positioned in the Tweed Heads location and the complex sits adjacent the canal - Welcome to 5/6 Mugga Way.

Built in the days of solid brick walls both externally and internally - you could not find a better investment. This unit is one of only 5 in the building and is the only unit fronting the street. This means the unit does not share any common walls with other units and feels completely separate from neighbours with only the garaging below. It also has a completely separate garage which is conveniently tucked away to the side of the unit block. There is two well sized bedrooms plus main living with balcony. Kitchen and bathroom are original but functional and the property is currently rent ready with tenant in place.

The owners have decided to meet the market and want to sell their investment property.

@ Tate Brownlee Real Estate we open the doors to your future.

* Walk access to the water from the complex
* Garage parking
* Spacious living
* Private unit position
* Great growth area
* 4 min drive to Kirra Beach and alfresco dining
* 6 min drive to Gold Coast International Airport
* Walking distance to school and public transport

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

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Property History for 5/6 Mugga Way, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$482,500
29 Apr 2022
Listed for Rent
$440/w
15 Oct 2021
  • 29 Apr 2022
    Sold for $482,500
  • 07 Mar 2022
    Listed for Sale Sale By Negotiation
  • 12 Oct 2021
    Listed for Rent $440 / 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 6,846 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 51 properties listed for sale, and 27 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 306 properties were sold in the past 12 months in Tweed heads.

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