3/36-38 Soorley Street, Tweed Heads South NSW 2486

Rear villa in boutique fourplex | house-sized brick & tile | 662m² private parcel | retiree-dominated locale This property presents a competitively strong proposition within its market due to its atypical land entitlement and spatial characteristics. The rear-positioned villa occupies half the total complex land, providing a house-like sense of privacy and scale uncommon for strata-title living, while its solid brick construction and full renovation mitigate concerns over maintenance. It serves the dominant local demographic of downsizers and retirees most effectively, offering a low-maintenance yet generously proportioned lifestyle solution within a stable, boutique complex. The configuration aligns precisely with the high local demand for three-bedroom, two-bathroom formats with secure parking. The primary risk mechanism is the flood overlay, which necessitates specific due diligence on insurance costs and potential future resale constraints within a niche buyer pool. The commercial opportunity lies in securing a below-market share of land in a supply-constrained format; the rental estimate demonstrates solid yield support from the same demographic seeking flexibility. Acquire this property as a long-term hold for lifestyle occupancy or a stable rental investment, but only after confirming the financial impact of its flood designation. The value proposition is anchored in land share, not speculative growth. Recent comparable sales in Tweed Heads South and nearby suburbs establish a firm value context: – 1/1 Faulkner Street, Tweed Heads South: 3 bed, 2 bath, 2 car. – 6/6 William Street, Tweed Heads South: 3 bed, 2 bath, 2 car. – 20 Merlot Court, Tweed Heads South: House on own title. – 1/11 Coolabah Court, Banora Point: 3 bed, 2 bath, 2 car villa. – 13 Alpha Way, Banora Point: House on own title. These transactions confirm strong buyer demand for the three-bedroom, two-bathroom format with dual parking. This property’s larger than average parcel and boutique complex setting position it at the premium end of this comparable range, justifying an valuation alignment with the higher estimates.