Back 5/16 Mugga Way
Off Market

5/16 Mugga Way

Tweed Heads NSW 2485

2
1
1
Apartment
Last sold for $310,000
Michelle TopperMichelle Topper, last sold this property on 10 December 2015 after 35 days on market.

Overview

IMMACULATE 2 BEDROOM APARTMENT IN WATERFRONT APARTMENT BLOCK

This lovely renovated apartment is situated within a waterfront apartment block along the Tweed River. Sit on the balcony and enjoy the morning sun. Imagine taking out your canoe or throwing a fishing line in the river and you don't have to drive anywhere. FEATURES INCLUDE: •2pk white kitchen with plenty of bench space. •Open plan lounge / dining area opening to a large balcony for entertaining. Balcony also has a retractable awning •The apartment is light and airy. •Tiled and carpeted throughout. •2 bedrooms with fans and built-ins. •Bathroom with separate toilet. •Laundry with storage cupboard. •Single remote garage with internal access to the building. •Waterfront apartment block of 5 units. 4 waterfront and this unit is a has access to the water. Rental Return: $320.00 per week Body Corp - $600.00 per quarter Rates: $555.00 per quarter Sinking fund. $8881.00

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Tweed Heads over the last 12 months, the estimated median property value of 5/16 Mugga Way is $975k.

Median value
$975k
Estimated value range
$1.1k - $2.11m
Median days on market
39
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Tweed Heads. 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 5/16 Mugga Way

2020
Rented
Undisclosed
Leased on 03 Apr 2020 by DJ Stringer Property Services
2019
Rented
Undisclosed
Leased on 02 May 2019 by DJ Stringer Property Services
2017
Rented
Undisclosed
Leased on 22 Dec 2017 by DJ Stringer Property Services

Happy sellers in Tweed Heads

78%
78% of sellers in Tweed Heads reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 67 reviews in Tweed Heads over the last 12 months.

Local market activity for 2 bedroom apartments in Tweed Heads

In the last 12 months, 47 two-bedroom apartments similar to 5/16 Mugga Way, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

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