SOLD
Sold on 23 Jan 2024 for $620,000

16 Merlot Court
Tweed Heads South NSW 2486

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 151m2
Land area: 1175m2
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Property Details for 16 Merlot Ct, Tweed Heads South

Building Type
Land
Year Built
2022
Floor Size
151m2
Land Size
1175m2
Local Government
Tweed
Lot/Plan
153/DP1281855

Last Listing description (February 2024)

16 Merlot Court is a relatively flat block spreading over nearly 1,175 sqm and positioned high above the floodplains. This block is ready for building and can accommodate a duplex build (STCA) with plenty of yard space for the kids and pets to play.

Featured in the popular "EAST" estate and a rarely found flat duplex block in the Tweed Shire. The 20-metre frontage is wide enough to accommodate a healthy-sized duplex pair and still have room for a sizeable yard for each, or build your dream home and be the envy of all your friends with a backyard big enough for a lap pool, entertaining deck and still room for Boxing Day cricket.

The easterly aspect opens your living areas, outdoor entertaining and master suite to the warmth of the morning sun, whilst overlooking green grassed farmland. Your garage and entry will likely be positioned closest to Merlot Court, which protects the home(s) from the harsh western sun.

The entire EAST estate is located within a walk of local shops, cafes, schools and clubs. Drive or ride the bus to major shopping centres, public and private hospitals, the international airport or some of the most famous beaches and surf breaks in the World.

Agent's Notes: I have had the privilege of representing a lot of land sales in the area over the past few years. Everyone wants the same thing: "A large flat block, close to the beach and above the flood plains." That was near-impossible to find until '18 Merlot Court' was made available for sale (the property next door). This property was hugely popular and subsequently sold earlier this year. Now the property directly next door, slightly more elevated, is up for sale. 16 Merlot Court is going to be "HOT PROPERTY!"

Finding a near-1,200 sqm block that is relatively flat in the entire Tweed Shire is rare. Then having the block with the ideal aspect, centrally located and within a fresh/new estate... This is an opportunity you cannot go past.

If you haven't been able to find the house or the right-sized block for your next home - this could be it. Also; if you're looking for the ideal investment or project build - this is a "must-see".

Today's owner's situation has changed and they have made the decision to stay where they are. This opens the opportunity for a family, builder or investor to capitalise on this real estate gold.

Location features:
2 min drive to Tweed River (boat ramp)
2 min drive to Banora Village Shopping Centre
5 min drive to Tweed City Shopping Centre
10 min drive to the new Tweed Valley Public Hospital
10 min drive to Coolangatta
10 min drive to the Gold Coast International Airport
1 hr drive to Brisbane
1 hr drive to Byron Bay

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Property History for 16 Merlot Ct, Tweed Heads South, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$620,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $620,000
  • 12 Sep 2023
    Listed for Sale Expressions Of Interest
  • 09 Apr 2021
    Sold for $435,000

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About Tweed Heads South 2486

The size of Tweed Heads South is approximately 11.5 square kilometres. It has 20 parks covering nearly 32.3% of total area. The population of Tweed Heads South in 2011 was 7,902 people. By 2016 the population was 7,640 showing a population decline of 3.3% in the area during that time. The predominant age group in Tweed Heads South is 60-69 years. Households in Tweed Heads South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads South work in a community and personal service occupation. In 2011, 62.4% of the homes in Tweed Heads South were owner-occupied compared with 60.5% in 2016.

Tweed Heads South has 5,503 properties. Over the last 5 years, Houses in Tweed Heads South have seen a 78.64% increase in median value, while Units have seen a 90.72% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads South is $964,758 while the median value for Units is $767,474.
  • Houses have a median rent of $750 while Units have a median rent of $653.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Tweed heads south on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Tweed heads south.

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Ash Witty
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