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Back 16/53 Banks St
Off Market

16/53 Banks St

Monterey NSW 2217

1
1
Apartment

Overview

Beachside Investment

Occupying a commanding position, you can enjoy a fabulous Monterey sea side location where just a few steps will have you on the pristine white sandy shores of Lady Robinson's Beach. Close to all amenities, just minutes to Ramsgate Beach shops and Brighton's cafs/restaurants and around the corner from the bus station. You will love the lifestyle that comes with this beachside investment! Freshly updated, this low maintenance, mid floor apartment boasts an abundance of natural light. It offers one bedroom with built-in robe, a modern fully tiled bathroom, a nice and tidy open plan kitchen and combined living/dining area leading onto a westerly facing balcony. The unit is currently tenanted and earns a great rental return of $320 per week. It will ideally suit an astute investor or first home buyer. Features: Security block with intercom system Internal laundry facilities Dishwasher Floating floors Timber blinds Low strata, approximately $268pq Please call Michael Flevaris 0405 368 191 for any further information.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in Monterey over the last 12 months.

Property history for 16/53 Banks St

2025
Rented
Undisclosed
Leased on 21 Jan 2025 by McGrath - Brighton-Le-Sands
2021
Rented
Undisclosed
Leased on 29 Dec 2021 by McGrath - Brighton-Le-Sands
2020
Rented
Undisclosed
Leased on 23 Sep 2020 by McGrath - Brighton-Le-Sands

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 24 reviews in Monterey over the last 12 months.

Local market activity for 1 bedroom apartments in Monterey

In the last 12 months, 2 one-bedroom apartments similar to 16/53 Banks St, have been sold.

This represents a 50% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Monterey

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Kathy Caruana

Sellers who recommend Kathy Caruana have praised them for being local expert, clear communication, honest, reliable, supportive, hard-working and dedicated

  •   4.9   (569 reviews)
  •  13 Reviews in Monterey
  •  6 Sales in Monterey
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Shaun Ramani

Sellers who recommend Shaun Ramani have praised them for being local expert, clear communication, responsive, honest, dedicated, reliable and friendly

  •   5   (400 reviews)
  •  6 Reviews in Monterey
  •  4 Sales in Monterey
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Robert Juric

Robert Juric is a recommended agent for Monterey.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   5   (40 reviews)
  •  4 Reviews in Monterey
  •  5 Sales in Monterey
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Peter Gribilas

Peter Gribilas is an award winning recommended agent for Monterey.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (117 reviews)
  •  2 Reviews in Monterey
  •  2 Sales in Monterey
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