OFF MARKET

69 Recreation Street
Tweed Heads NSW 2485

Bedrooms: 7
Bathrooms: 5
Car spaces: 1
Land area: 797m2
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Property Details for 69 Recreation St, Tweed Heads

69 Recreation St, Tweed Heads is a 7 bedroom, 5 bathroom Unit with 1 parking spaces. The property has a land size of 797m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Land Size
797m2
Local Government
Tweed
Lot/Plan
1/DP780215

Last Listing description (September 2022)

Calling all astute property investors and developers with an eye for potential, this is an opportunity you wont want to miss. Perfectly positioned just minutes from the Coolangatta CBD and overlooking the glistening Tweed River, 69 Recreation Street is one of those rare opportunities that simply doesnt come along every day.

On offer is a block of five units including three one-bedroom residences and two larger two-bedroom units, currently returning an impressive $75,140 p.a (gross) . Each flat is fully self-contained with a kitchen, light-filled living spaces and a bathroom plus there is carport parking for four of the properties with unit five enjoying a good-size single garage.

You could choose to keep this as a quality investment and enjoy fantastic rental returns or capitalise on the prized location and redevelop the site (STCA). A host of cafes, shops and restaurants are all within easy walking distance along with public transport links, the Tweed Mall Shopping Centre and The Tweed Hospital.

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Property History for 69 Recreation St, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$1,450,000
23 Dec 2021
Listed for Rent
$250/w
05 Sep 2013
  • 23 Dec 2021
    Sold for $1,450,000
  • 09 Nov 2021
    Listed for Sale Offers to Purchase, closing Friday 3rd of December
  • 24 Aug 2013
    Listed for Rent $250 / 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 6,845 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.

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