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1/25 Monterey Avenue

Banora Point NSW 2486

3
2
1
Unit
Currently for sale - view listing

Overview

Full of Potential - Front Duplex in Banora Point

Positioned in an established pocket of Banora Point, this neat and tidy three-bedroom front duplex presents an excellent opportunity for investors, first-home buyers or renovators looking to secure a well-located property with plenty of future potential. Comfortable and well maintained in its current condition, the home retains much of its original character, creating the perfect blank canvas for those wanting to modernise, renovate and add value over time. The practical single-level layout offers a generous open-plan living and dining area, a functional kitchen with breakfast bar, three well-proportioned bedrooms with built-in robes, two bathrooms and the convenience of a single lock-up garage. With great natural light, an easy-care setting and plenty of scope to update without needing to reinvent the floor plan, this is the type of property where a simple cosmetic renovation could make a significant difference. For investors, the property offers immediate income with a tenant already in place until May 2027 at $650 per week, providing the opportunity to secure now, collect rent and plan for the future. Location is another standout. Set within easy reach of Banora Point’s local shopping, schools, sporting facilities and everyday amenities, while still providing convenient access to Tweed Heads, Coolangatta, Gold Coast Airport and the beautiful beaches of the Southern Gold Coast and Tweed Coast. Property Features: - Three bedrooms with built-in wardrobes - Two bathrooms - Front duplex position - Single-level, practical floor plan - Spacious open-plan living and dining - Functional original kitchen with breakfast bar - Neat and tidy throughout - Excellent scope to renovate, modernise and add value - Single lock-up garage - Low-maintenance surrounds - Established Banora Point location - Tenant in place until May 2027, Currently returning $650 per week Whether you're looking for a solid investment with income already secured, a future renovation project or an opportunity to enter the Banora Point market, this well-kept duplex combines location, potential and practicality in one appealing package. Additional Information: - Tweed Shire Council Rates = $770.37* - Tweed Shire Water Rates = $275.67* ($551 split between the 2 properties) **Approximately. 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.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Property history for 1/25 Monterey Avenue

2022
Rented
Undisclosed
Leased on 10 Nov 2022 by Real Specialists Coolangatta

Happy sellers in Banora Point

90%
90% of sellers in Banora Point reported that their sale price either exceeded or met their price expectations.

Banora Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Banora Point over the last 12 months.

Local market activity for 3 bedroom units in Banora Point

In the last 12 months, 5 three-bedroom units similar to 1/25 Monterey Avenue, have been sold.

This represents a 66% decrease in three-bedroom units sales when compared to the previous 12 months.

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