OFF MARKET

49/6 Gray Street
Tweed Heads West NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 6020m2
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Property Details for 49/6 Gray St, Tweed Heads West

49/6 Gray St, Tweed Heads West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 6020m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1994
Floor Size
78m2
Land Size
6020m2
Local Government
Tweed
Lot/Plan
56/SP48661

Last Listing description (November 2019)

This unit is a must-look one if you want to invest in Tweed Heads. Alice Palms is a well regarded complex which is both quiet and safe, efficiently run by a responsible on-site-Manager with large rental demands, making this the perfect investment to be added to your portfolio. Private inspections can be arranged through the onsite manager Mon-Sat. Please call or email to make an enquiry if you do not want to miss this opportunity to earn a great return.

KEY FEATURES:
- Current tenanted at $330/pw for long term tenancy.

- Top floor unit with two balconies to enjoy both morning and afternoon sun
- Beautiful views
- 2 spacious bedrooms both with built-in wardrobes, ceiling fans installed in both bedrooms
- Spacious living area with ceiling fan
- Dual access bathroom with shower screen & bath tub
- Separate laundry and toilet and an oversize lockup garage in the basement

ADDITIONAL:
- Gross return 7.68% per year
- Body Corporate Levy is $860 per quarter or $3440 per year includes water usage
- Council Rates are $601 per quarter or $2404 per year
- Responsible on site manager

LOCATION:
- 3 minutes drive to access both directions of the M1
- Close to Tweed City, Tweed Mall, hospital, Southern Cross University and the Gold Coast Airport
- Enjoy the beautiful Kirra & Rainbow Bay Beaches

COMPLEX FACILITIES:
- Tennis court
- Swimming pool with water slide & Spa
- Barbeque area

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Property History for 49/6 Gray St, Tweed Heads West, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$234,500
04 Nov 2019
Listed for Rent
$320/w
28 Jun 2017
  • 04 Nov 2019
    Sold for $234,500
  • 19 Jun 2019
    Listed for Sale 235000 to 245000
  • 15 Jun 2017
    Listed for Rent - Price not available
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About Tweed Heads West 2485

The size of Tweed Heads West is approximately 11.2 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Tweed Heads West in 2011 was 5,823 people. By 2016 the population was 6,192 showing a population growth of 6.3% in the area during that time. The predominant age group in Tweed Heads West is 60-69 years. Households in Tweed Heads West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads West work in a trades occupation. In 2011, 64.7% of the homes in Tweed Heads West were owner-occupied compared with 63.1% in 2016.

Tweed Heads West has 3,480 properties. Over the last 5 years, Houses in Tweed Heads West have seen a 79.94% increase in median value, while Units have seen a 90.44% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads West is $1,013,226 while the median value for Units is $590,806.
  • Houses have a median rent of $790 while Units have a median rent of $580.
There are currently 32 properties listed for sale, and 11 properties listed for rent in Tweed heads west on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in Tweed heads west.

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