SOLD
Sold on 21 Jun 2024 for $529,000

6/16 Honeysuckle Street
Tweed Heads West NSW 2485

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 1012m2
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Property Details for 6/16 Honeysuckle St, Tweed Heads West

6/16 Honeysuckle St, Tweed Heads West is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Tweed Heads West in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
63m2
Land Size
1012m2
Local Government
Tweed
Lot/Plan
6/SP17356

Last Listing description (July 2024)

Welcome to this top-floor two-bedroom, one-bathroom unit in Tweed Heads West, perfect for investors and first home buyers. With an impressive rental yield of $540 per week and a tenant secured until February 2025, this property is a fantastic opportunity.

Nestled in a quiet cul-de-sac within a small block of six, this well-maintained unit has been recently painted and updated with new flooring, as well as refreshed kitchen and bathroom areas. It features air conditioning, built-in robes, and a combined bathroom and laundry with a separate toilet.

Positioned at the end of the top floor, the unit is bathed in natural light, creating a fresh and inviting atmosphere. The thoughtfully designed floor plan includes open-plan living and dining areas, and two spacious bedrooms with built-in robes.

Ideally located, this unit is just a 5-minute drive from Gold Coast International Airport, major shopping centers, and the iconic Coolangatta/Kirra beaches.
Don't miss this exceptional opportunity for coastal living at its finest!

Additional Information -
- Tweed Shire Council Rates = $707.90 per quarter approximately
- Body Corporate Strata Levies = $62 per week approximately
- Lease in place with amazing tenants at $540 per week till the 16th of February 2025

Expressions of Interest Closing - 11th of June at 12pm

Disclaimer: The information provided, including property details such as dimensions, pricing, photos, and descriptions, is sourced from third parties for your convenience. Real Specialists cannot guarantee its accuracy and disclaims all liability for any losses or damages arising from its use. Users are advised to verify information independently and consult legal counsel for property inquiries. Prices on the Website are subject to change.

Property History for 6/16 Honeysuckle St, Tweed Heads West, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$529,000
21 Jun 2024
Listed for Rent
$520/w
12 Feb 2024
  • 21 Jun 2024
    Sold for $529,000
  • 30 May 2024
    Listed for Sale Expressions of Interest!
  • 29 Jan 2024
    Listed for Rent $520 / week
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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 3,496 properties. Over the last 5 years, Houses in Tweed Heads West have seen a 83.06% increase in median value, while Units have seen a 89.89% increase. As at 31 July 2024:

  • The median value for Houses in Tweed Heads West is $1,003,865 while the median value for Units is $590,439.
  • Houses have a median rent of $795 while Units have a median rent of $573.
There are currently 27 properties listed for sale, and 4 properties listed for rent in Tweed heads west on OnTheHouse. According to CoreLogic's data, 171 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.