Back 15/108 Kennedy Dr
Off Market

15/108 Kennedy Dr

Tweed Heads West NSW 2485

1
1
1
26 m²
Studio
Leah EmmettLeah Emmett, last sold this property on 13 October 2025 after 82 days on market.

Overview

Investment Opportunity - Strong Returns & High Demand

Great entry level investor opportunity with a gross rent return of 5.96%. The Studio apartment is situated just off the freeway on Kennedy Drive with the Airport, Shopping Centres Restaurants Cafes, and the townships of Coolangatta and Tweed Heads all close-by, boasting some of the best beaches in the world the area has a lot to offer both young and young at heart especially retirees with a superb climate and plenty to do for all ages. PROPERTY FEATURES: -1st floor location means you reach a wider group of tenants especially the retirees -the complex is securely gated, with an in-ground swimming pool and BBQ area -over time the unit has been upgrades so offers some more modern amenities included a stylish bathroom, air conditioning -this property offer 1x vehicle car space -historically this property has a strong occupancy rate and demand in the area is continually strong with vacancy rate for the suburb sitting around 0.51% approx. -there are a total of 27 rooms in the complex LOCATION: - Buses leave from the front door into Tweed. - Short walk to the Endless Summer Shopping Village or Caltex Service Station - Club Courtesy buses available for the local clubs - Potential for student accommodation with university close by and the international airport VITALS: -built 1980 -1st floor location in a complex has a total of 27 units -low body corp. fee of $38.50 per week approx. -healthy sinking fund has $88,000.00 approx. -current actual rent is $350 per week -ask agent for rental yield calculation -air conditioned INSPECTIONS CHECK FOR OPEN HOMES OR CONTACT THE AGENT ON 07 5599 1905 Disclaimer: All information contained herein is gathered from sources we believe to be reliable. Local Realty Sales & Rentals 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 enquires 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.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
26 m² floor area
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in Tweed Heads West over the last 12 months.

Property history for 15/108 Kennedy Dr

2025
Sold
Private Sale/Treaty on 13 Oct 2025 by Leah Emmett, of Local Realty Sales & Rentals
2018
Rented
Undisclosed
Leased on 08 Jul 2018 by McGrath Coolangatta/Tweed Heads & Tweed Coast

Happy sellers in Tweed Heads West

91%
91% of sellers in Tweed Heads West reported that their sale price either exceeded or met their price expectations.

Tweed Heads West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Tweed Heads West over the last 12 months.

Local market activity for 1 bedroom studios in Tweed Heads West

In the last 12 months, 2 one-bedroom studios similar to 15/108 Kennedy Dr, have been sold.

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