OFF MARKET

81 Gollan Drive
Tweed Heads West NSW 2485

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 221m2
Land area: 613m2
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Property Details for 81 Gollan Dr, Tweed Heads West

81 Gollan Dr, Tweed Heads West is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 613m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1980
Floor Size
221m2
Land Size
613m2
Local Government
Tweed
Lot/Plan
289/DP30961

Last Listing description (November 2021)

** The home pictured is indicative only **

Incredibly available to the market for the first time ever an ideal opportunity to acquire a previously never sold waterfront site. Occupied and held by the same owner since the early 1970s with a location like this here is your opportunity. Pangs of nostalgia will not guilt you at any stage of this sites new journey as you gain the prime position on this side of the canal with a (virtually) blank canvas from which to manifest your dream. Unleash your architectural flair in a location that is unrepeatable.

The site was probably constructed alongside the construction of the seagulls club in 1972. You can imagine this burgeoning community where waterfront land was still plentiful and the canal freshly cut (presumbably). 83 Gollan Drive sits across the head of the canal, having been developed 28 years later in 2000. This 1.48 hectare site carved into 19 waterfront townhouses in a gated community. Homes now fetch well into the $600,000 range providing an indication of value in the area. There hasnt been a house sold on this side of the canal for 12 months, particularly nothing as close to Bingam Bay and Terranora Creek. The vast majority of the houses have not transacted for 20 years or more. There are pockets of redevelopment representing some establishment of value but there is so much left to the eye of the developer, or your own vision for creating your waterfront palace.

The property attributes are a 607 block, the minimum lot size is 450, floor space ratio is 80%, maximum building height 9 metres though there are identifiable lots nearby with a 10 metre allowance, VGM 16.76 X 36.58, and the site is zoned low density residential. We dont see this as a subdividable lot but encourage your own investigations as we are not specialists in this area.

607 square metre waterfront block
16.76 metre waterfrontage
Last block before corner site to Terranora Creek
Redevelopment potential
No DAs or approvals in place
Absolute blank canvas upon which to build your dream home

Tweed Heads West is the second most northerly suburb in New South Wales and central to the northern rivers enviable lifestyle amenities. With a tremendous history of community mindedness including the Seagulls Club across the road and founded in 1972. Positioned 2.5km to the M1 you have great access to the Gold Coast airport 5.5km, Kirra beach less than 5km, Twin Towns Services Club 5.8km. Further afield find Currumbin 11.3km away, Kingscliff 16.3km, Burleigh Heads 20km, Byron Bay 67.4km away.

This is a truly unique opportunity, with a fair expectation of value being acquired through public consultation. The property must sell, and to secure it quickly will be your best ally in the current market. Please contact me by phone or email (email always preferred for Q&A) and I look forward to discussing this enjoyable development opportunity with you.

Property History for 81 Gollan Dr, Tweed Heads West, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$300,000
01 Nov 2022
  • 01 Nov 2022
    Sold for $300,000
  • 13 Oct 2021
    Sold for $590,000
  • 24 Jun 2021
    Listed for Sale Price guide $600,000
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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 3,475 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 31 properties listed for sale, and 11 properties listed for rent in Tweed heads west on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Tweed heads west.

Suburb Insights for Tweed Heads West 2485

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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.