4/17-21 Monterey Ave, Banora Point is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 10000m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
With low body corporate fees and a long-term tenant already in place, this could be the set-and-forget investment you've been looking for. The townhouse's low-maintenance floorplan spans two levels and boasts three bedrooms, two bathrooms and a single garage.
The heart of the home is the open-plan kitchen, dining and living room with glass sliding doors that open to the private and lush backyard. Preparing meals is easy in the well-appointed kitchen with quality appliances and ample bench space while hosting guests will be a joy on the private courtyard with a shade sail.
All three bedrooms are located upstairs including the master with a walk-in robe and an ensuite. Both the master and bedroom two open to a balcony plus there are built-in robes to both guest bedrooms and a central main bathroom with a separate bath and shower. Extra features include a laundry, under-stair storage and a shed.
This impressive property is set in an enviable end-unit position within a quiet and friendly complex. Club Banora Golf Club is nearby as are local schools, parks and the Tweed City Shopping Centre
Features Include:
- Open plan living and dining
- Spacious kitchen
- Three well sized bedrooms
- Master bedroom with ensuite
- Large main bathroom
- Separate laundry downstairs with extra toilet
- Private courtyard
Tweed Shire Council Rates = $2619 per year approx.
Body Corporate = $2160 per year approx.
Long term tenancy in place until October 2021
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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