16/3-7 Monterey Ave, Banora Point is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1994. The property has a land size of 4848m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Attention 1st home buyers you can save $22,000 with the new stamp duty redemption.
This fantastic property is exceptional value, its entry level into the market, located in a prime position, you'll be just moments from an array of amenities including; shops, schools, and public transport. This Banora Point townhouse is perfect for those seeking a project with the ability to put your finishing touches on it, and add value. The property is vacant and ready for it's new owners. this will suit so many buyers who are 1st home buyers, investors, down sizers or upsizing?
Here are some of the many benefits that await the astute purchaser.
- Light filled, spacious living/kitchen/dining area with A/C and ceiling fan leading out to the patio area
- Master bedroom with ensuite, mirrored built-ins A/C for added comfort
- Kitchen with pantry, double sink electric cook-top, range hood, plenty of bench and cupboard space
- Set over two levels, the home offers three bedrooms and two bathrooms
- Main bathroom with separate shower, separate bath single vanity and toilet
- Private rear courtyard for relaxing, low maintenance garden, put a fence out the front
- Two other spacious bedrooms with built-ins
- Internal laundry with access to backyard clothesline with toilet downstairs
- Single lock-up garage with internal access and plenty of visitor parking
- Great for investors, owner occupiers, downsizers or first home buyers
- Pet friendly
- Handy under stair storage
- Linen press upstairs
- Low body corporate fees that include water and building insurance $49.00 PW (approx)
- Termite barrier gets checked every 3 months inc with body corporate
- Roof gets checked every 6 months included with body corporate
- Rates $2720 PA (approx)
- Rental appraisal $600-$620PW as is, or more once freshly painted, new flooring
- 18 units in the complex
- 3 minutes to Club Banora and shopping centre
- 4 minutes to Bunnings, Harvey Norman and other specialty shops
- 6 minutes to the boat ramp on Dry Dock Road
- 7 minutes to Tweed City Shopping Centre
- 13 minutes to Gold Coast International Airport, beaches, cafe's restaurants, movies, shopping
- 15 minutes to Kingscliff and Fingal Head
- 45 minutes to Surfers Paradise and Byron Bay
- 90 minutes to Brisbane City
Don't let this opportunity slip away, come to the scheduled open home or call for a private inspection and see for yourself why this home is the perfect choice for you! properties like this do not last long
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There is a virtual tour available upon request.
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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 42.41% increase in median value, while Units have seen a 64.16% increase. As at 31 July 2026:
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