517-518/2 Martin Street Ballina NSW 2478

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Location

Market Insights for Ballina NSW 2478

New Listings (last 30 days)

Average price

$990,000

Lowest price

$670,000

Highest price

$1,300,000

517-518/2 Martin Street, Ballina NSW 2478

$740,000

Search Band

$740k - $777k Transparent Based on an openly advertised listing price.

Apartment 2 beds 2 baths 1 car 126 m²

Listed: 5th Jul 2026

Updated: 23rd Jul 2026

Overview

Positioned on the fifth floor of the prestigious Ramada Hotel & Suites Ballina, this dual key apartment offers a unique blend of luxury, comfort, and flexibility. Boasting premium 4.5 star AAA Tourism rated accommodation, the property is perched alongside the Richmond River with eastern-facing panoramic views of the river and boat harbour, enriching the living experience with natural beauty and tranquility.

The apartment configuration includes a one-bedroom suite with a generous kitchen, perfectly suited for longer stays or self-catering needs, alongside a separate hotel-style room designed with wheelchair access, catering for diverse guests and tenants. This layout enhances income potential, making the property a desirable investment opportunity with dual rental streams.

Enjoy access to quality on-site facilities including restaurants, a bar, a lounge, and a heated outdoor pool which enhance leisure and hospitality appeal.
The setting offers convenience with 24-hour reception and room service, combined with secure undercover parking ensuring ease and security for residents and visitors alike.
High-speed broadband connectivity supports modern living, essential for professionals or remote working arrangements.
Strategic location close to Ballina/Byron Gateway Airport, pristine beaches, and lush rainforests provides a perfect base for travel, recreation, and exploration of the Northern Rivers region.
Holiday accommodation focus ensures excellent investment returns via the robust rental market catered to by lifestyle holidaymakers and business travelers.

This property particularly appeals to savvy investors seeking a solid rental yield with the benefit of dual income opportunities and holiday accommodation flexibility. Its elevated, waterfront outlook combined with high quality fittings and a renowned hospitality environment create a low-maintenance, attractive proposition for both the occupier and investor markets.

Local Market Insights

In Ballina, Quiet Listings observed 3 new apartments entering the market over the last 30 days, with an average advertised asking price of $990,000. The property type mix of listed properties is predominantly Houses at 64%, followed by townhouses (9%), and units (6%). The most active agency for apartments in the Ballina area is currently McGrath Estate Agents, representing 67% of new listings, followed by Raine & Horne with 33%. 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.