SOLD
Sold on 07 May 2024 for $510,000

50/6 Gray Street
Tweed Heads West NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 6020m2
Sold By
DJ Stringer Property Services
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Property Details for 50/6 Gray St, Tweed Heads West

50/6 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 119m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Tweed Heads West in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
119m2
Land Size
6020m2
Local Government
Tweed
Lot/Plan
57/SP48662

Last Listing description (June 2024)

OPEN FOR INSPECTION WEDNESDAY 24TH APRIL 4.00PM - 4.30PM

Enter into this neat and tidy ground floor 2-bedroom unit, nestled within the Alice Palms', which is close to all local conveniences.

With resort-style facilities at your fingertips and the added convenience of a single lock-up garage, this residence seamlessly combines comfort with practicality.

KEY FEATURES:

- Open plan tiled living
- Spacious kitchen w/ dishwasher and ample storage space
- Master bedroom complete with built-in robe and access to Juliette balcony
- Second bedroom w/ built-in robe
- 2 way bathroom w/bath and separate shower
- Internal laundry
- Ceiling Fans
- Generous secure lock-up garage for vehicle parking & storage needs.
- Resort facilities include inground Swimming Pool, Balinese-inspired BBQ Gazebos and Tennis Court.
- Onsite Management
- Pet Friendly complex (with standard B/C consent)

DETAILS:

Rates - $692.06 per quarter year
Body Corporate - $94.79 per week
Current Rent - $480 per week (mature tenant been in residency for over 7 years, on lease until 14/03/2025)


LOCATION:

Located on Gray Street, 'Alice Palms' provides residents with access to resort-style facilities and a variety of nearby amenities and services. Its convenient location offers close proximity to the M1, enhancing connectivity and ease of travel for residents.

Major shopping can be found at the Tweed or Coolangatta within (7) minutes from home, as too the fabulous Gold Coast beaches.

The Southern Cross University and Gold Coast International Airport are also within (7) minutes or around $10 in an Uber.


AGENT'S COMMENTS:

This well-appointed residence presents an exceptional addition to any investment portfolio with an existing tenant already in place.

If you are on the hunt for a secure rate of return, then this is it.

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 50/6 Gray St, Tweed Heads West, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$510,000
07 May 2024
Listed for Rent
$300/w
08 May 2016
  • 07 May 2024
    Sold for $510,000
  • 19 Apr 2024
    Listed for Sale SOLD BY DAVID STRINGER
  • 12 Feb 2018
    Sold for $225,000
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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 3,478 properties. Over the last 5 years, Houses in Tweed Heads West have seen a 75.13% increase in median value, while Units have seen a 94.56% increase. As at 31 October 2024:

  • The median value for Houses in Tweed Heads West is $1,022,245 while the median value for Units is $601,456.
  • Houses have a median rent of $790 while Units have a median rent of $600.
There are currently 32 properties listed for sale, and 15 properties listed for rent in Tweed heads west on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Tweed heads west.

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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.