Home/Properties/Ballina/519-520/2 Martin Street
519-520/2 Martin Street, Ballina$735,000
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For Saleapartment

519-520/2 Martin Street

Ballina, NSW 2478, Australia
$700,000 – $770,000
2 bed 2 bath 1 car

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About this property

With east facing views over the picturesque Richmond River, this hotel-maintained apartment offers an exciting opportunity to invest in the ever-popular Northern Rivers. Secure your very own holiday home in this prime position while receiving regular passive income from holiday letting. - Owners can occupy the apartment for up to 150 days per annum - Dual-key apartment located on fifth floor of popular 'Ramada Hotel' - Additional hotel suite with separate balcony and luxury ensuite - Enjoy blissful views to the east over the Richmond River - Apartment features open plan living, dining and fully equipped kitchen - Shared internal laundry space, ducted air-con and lift access - Excellent passive income, managed and maintained by Ramada - Secure basement parking, large resort swimming pool and gymnasium - Popular restaurants and cafes onsite, easy stroll to centre of town - Connect with Ballina's popular ammenities via town's walkway network - Superb holiday apartment in prime locale, beaches just moments away

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
1 month ago

Repayment calculator

$3,563/month
$1,782 /fortnight
Loan $588,000 at 6.10% over 30 years

Upfront costs

Deposit$147,000
Stamp duty$23,729
Conveyancing (est.)$2,000
Total upfront$172,729
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ballina

This 2-bedroom apartment in Ballina, NSW 2478 sits within reach of public transport, local shops and nearby schools. It is listed 23% below the $950,000 median of 64 comparable apartmentswithin 5 km.

Schools near Ballina

  • Biala Special Schoolcombined · U · CoEd
  • Emmanuel Anglican Collegecombined · K-12 · CoEd
  • Richmond Christian Collegecombined · K-12 · CoEd
  • Ballina Public Schoolprimary · K-6 · CoEd
  • Ballina Coast High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Ballina Bus Interchange, Tamar St (bus)419 m away
  • Isola Wine Shop & Tasting Room27 m away
  • Fawcett Park314 m away
  • Captain Cook Park527 m away
  • Wigmore Park549 m away

Ballina at a glance

Full suburb profile
Population
9,735
Median age
56
Household income
$1,013/wk
Median rent
$360/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ballina price trend

Median sold · Unit 2 bed

Compound growth +2.9% / yr over 4 yrs

$685kcurrent median

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1 price change recorded for this property

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