Banora Point, NSW land parcel sold for $120,000 mortgagee loss

Banora Point, NSW land parcel sold for $120,000 mortgagee loss
Banora Point, NSW land parcel sold for $120,000 mortgagee loss

A Banora Point, NSW land parcel has been sold by the mortgagee at a $120,000 loss.

Jasob Abbott of PRD Nationwide held the listing.

The holding sold for $210,000 on February 27.

It is a 777 square metre plot of land.

Situated at 5/36 Old Ferry Road, it is located 10 minutes from the Coolangatta airport.

The holding is positioned 15 minutes from the beaches of Kingscliff.

Last sold in 2016, the home traded for $330,000.

Banora Point, NSW land parcel sold for 0,000 mortgagee loss

The median price for a home in Banora Point is $620,000 according to CoreLogic.

Tags: 
Mortgagee Sale Banora Point

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