1/63 Covent Gardens Way, Banora Point is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 800m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
UNDER OFFER
Price guide: $788,000 to $828,000
Nestled within this peaceful neighbourhood, this duplex offers a perfect place for the young and growing family or savvy investor. Centrally located - in walking distance to both local primary and high schools, shops, sports club and fields.
PROPERTY FEATURES:
- airconditioned open plan lounge and dining
- spacious kitchen services both dining and alfresco areas
- all bedrooms have built-in robes and ceiling fans
- bathroom with bath, shower with separate toilet
- private fully fenced yard room for the kids and pets
- enjoy outdoor dining or entertaining in the undercover alfresco area
- fully tiled throughout
- single lock-up garage with internal access and parking offroad for up to 2 vehicles
- separate laundry in the garage
OUTSIDE:
-land size 400m2 approx
-private fully fenced yard
-2 additional car spaces offroad
-garden shed
LOCATION:
-walk to day care centre, primary school, high school, shopping village, sports club and fields
-3mins to McDonalds Banora and the New to be completed Shopping Centre
-5mins to Tweed City Shopping Centre
-8km to the famous surfing beaches of the Southern Gold Coast
-8km to the new Tweed Valley Hospital
-45mins to Byron Bay
Vitals:
-land size 400sqm
-house size 171sqm (internal 128sqm & external 43sqm)
-built 1993
-council rates approx.. $2960 per annum
-currently tenanted until January 2025 rental income $650pw
-forecast rent from January 2025 is $750 per week (current market conditions)
-airconditioned and ceiling fans
PRIVATE INSPECTIONS ONLY OR CONTACT THE AGENT FOR A PRIVATE VIEWING 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.
The size of Banora Point is approximately 12.2 square kilometres. There are 21 parks, covering nearly 7.8% of the total area. The population of Banora Point in 2016 was 16167 people. By 2021 the population was 16460 showing a population growth of 1.8% in the area during that time. The predominant age group in Banora Point is 70-79 years. Households in Banora Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banora Point work in a professional occupation.In 2021, 76.90% of the homes in Banora Point were owner-occupied compared with 75.20% in 2016.
Banora Point has 8,222 properties. Over the last 5 years, Houses in Banora Point have seen a 40.52% increase in median value, while Units have seen a 52.98% increase. As at 31 August 2026:
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