Avanti Commercial is excited to present to market this exclusive development opportunity located in Banora Point. Seize the opportunity to own a prime Development Site spanning 5,890sqm in the heart of Northern NSW. This remarkable property is strategically Zoned as R2 Low Density Residential, offering endless possibilities for your dream project.
Nestled near several parks and just a stone's throw away from vibrant shopping destinations, this location provides the perfect blend of tranquility and convenience. Imagine the lifestyle you could create in this sought-after community, surrounded by green spaces and within easy reach of all your daily needs.
Property Highlights:
Don't miss your chance to make a smart investment in this thriving region.
Public Auction on site: Wednesday 20th December 2023 at 11:00am (NSW time)
For a copy of the Information Memorandum please call the Exclusive Agent below:
Lachlan Harris on 0409 057 733
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 8,223 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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