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Overview
This is a rare opportunity to acquire a substantial parcel of land offering scale, flexibility and promising future potential in one of Banora Point's most exclusive pockets. Situated privately at the rear with an easterly aspect, the property backs directly onto tranquil reserve land, providing peaceful surroundings and convenient access to a lakeside walking track. Spanning an expansive 1,304 square meters as a battle-axe block, this site represents an increasingly rare offering in the local market.
The property presents an excellent chance to build your ideal forever home, explore options for dual occupancy, or leverage existing approved plans, enhancing the versatility and possibilities available. Approved Development Application (DA) for two dwellings was previously in place, indicating attractive development potential. Additionally, there exists potential for subdivision, subject to council approval, affording long-term investment upside.
Land of this scale and premium positioning within Banora Point is exceptionally scarce. The parcel is nestled in a quiet street surrounded by quality architectural homes, making it ideal for builders, developers, investors or families seeking generous space without compromising access to local conveniences.
Location advantages include proximity to key amenities such as:
- Approx. 2 minutes to Banora Shopping Village
- Approx. 4 minutes to Banora Point Primary School
- Approx. 6 minutes to Tweed City Shopping Centre
- Approx. 8 minutes to Tweed Heads South
- Approx. 10 minutes to Coolangatta Beach
- Approx. 10 minutes to Gold Coast Airport
- Approx. 45 minutes to Byron Bay
Additional highlights of the property:
- Generous 1,304sqm landholding
- Peaceful easterly aspect
- Quiet, private position at the rear of the block
- Backing directly onto reserve land with natural surrounds
- Access to scenic lakeside walking tracks
- Formerly had an active council-approved DA for two dwellings
- Potential subdivision opportunity, subject to council approval
- Set amidst modern architectural homes in a desirable neighborhood
- Close to schools, shopping facilities, and local amenities
This parcel offers a unique blend of privacy, size and development possibilities in a sought-after suburb. Prospective purchasers should conduct their own enquiries to confirm details and opportunities. The property is an exceptional proposition for those looking to secure a significant landholding in Banora Point with exciting future potential.
Local Market Insights
In Banora Point, Quiet Listings observed 13 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $758,692. The property type mix of listed properties is predominantly Houses at 65%, followed by land (10%), and commercial properties (9%). Tate Brownlee Real Estate was the most active agency in this area, representing 25.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Banora Point NSW 2486
Market Insights for Banora Point NSW 2486
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
