Back 14/53-55 Banks Street
Off Market

14/53-55 Banks Street

Monterey NSW 2217

2
1
1
85.5 m²
Unit
Ray FadelRay Fadel, last sold this property on 30 October 2022 after 32 days on market.

Overview

Deceased Estate, entry level opportunity

A vibrant location and the peaceful position form a great combination that ensures this generous beachside apartment's lifestyle appeal is second to none. Situated between Brighton-Le-Sands and Ramsgate Beach, and just footsteps to the sand, it offers a very private retreat that's light-filled throughout and supremely easy-to-maintain. This well-kept property is presented in great condition and is perfectly set in a convenient walk-to-everywhere spot with Bay Street's cafes and restaurants, bus transport and foreshore walks all within a stroll from the front door. - Set on the first floor of an immaculately maintained brick complex - Good-sized open living and dining area plus a sundrenched balcony - Two bedrooms both have built-ins plus there is a neat bathroom - Lock-up garage at the rear of the building with convenient internal access - A well-appointed kitchen plus a shared laundry within the building - Comfortable home with plenty of potential to add more style and appeal - Less than one block away from bayside walks, parklands and beaches - A great investment in a prime location with strong rental demand

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
85.5 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Monterey over the last 12 months, the estimated median property value of 14/53-55 Banks Street is $800k.

Median value
$800k
Estimated value range
$715k - $1.17m
Median days on market
21
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Monterey. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 14/53-55 Banks Street

2022
Sold
Undisclosed
Auction Sale on 30 Oct 2022 by Ray Fadel, of Stone Real Estate Sans Souci

Happy sellers in Monterey

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

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

This is based on voluntary sentiment collected from 22 reviews in Monterey over the last 12 months.

Local market activity for 2 bedroom units in Monterey

In the last 12 months, 7 two-bedroom units similar to 14/53-55 Banks Street, have been sold.

This represents a 30% increase in two-bedroom units sales when compared to the previous 12 months.

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