SOLD
Sold on 01 Feb 2024 for $315,000

2/48 Machinery Drive
Tweed Heads South NSW 2486

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 96m2
Land area: 86m2
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Property Details for 2/48 Machinery Dr, Tweed Heads South

Building Type
Land
Year Built
1992
Floor Size
96m2
Land Size
86m2
Local Government
Tweed
Lot/Plan
2/SP49387

Last Listing description (February 2023)

Very affordable factory unit on the market, invest or occupy!

The opportunity exists to purchase this very neat and tidy industrial strata unit that is sure to impress.

Rare owner occupier investment - Available now!

This is the perfect entry level industrial unit of 72sqm on the floor with single designated car park. 3.5m high ceiling ideal for storage.

Superbly positioned within one of the Gold Coast's largest Industrial and Commercial precincts.

The location offers fast and easy access to the M1 Pacific Motorway and is very close to the Tweed Shopping Centre.

This opportunity will not last - act now as motivated vendor wants it sold.

For further details please contact Exclusive Sales Agent, Peter Antony, DJ Stringer Property Services.

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 2/48 Machinery Dr, Tweed Heads South, NSW 2486

A timeline of how this property has performed in the market
Last Sold
$315,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $315,000
  • 24 May 2023
    Sold for $150,000
  • 24 Aug 2022
    Listed for Sale By Negotiation
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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.

Suburb Insights for Tweed Heads South 2486

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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.