15/108 Kennedy Dr, Tweed Heads West, NSW, 2485

SoldOct 14, 2025

15/108 Kennedy Dr, Tweed Heads West, NSW, 2485

Amount undisclosed

26 m²

Studio

•

30+ days on the market

Sold: Oct 14, 2025

What's around 15/108 Kennedy Dr

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.

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Seller's review

7 months ago

Verified Review

Very Happy Vendor & Landlord

Expert market knowledge and timely updates and communication about the sale of my investment property. Leah knew her stuff and balanced me and the buyer both getting the best price. I'd definitely use Leah again for purchase and for selling. Amanda was excellent while Leah was on leave and didn't drop a single ball, she was also amazing at taking on property management and leasing of my place while I was preparing myself to sell. Highly recommend her services.

Seller