26-28 Frances Street,
Tweed Heads, NSW 2485
Key property information
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Map of 26-28 Frances Street
Bus stops within 5 km of 26-28 Frances Street, Tweed Heads, NSW 2485 Distance Tweed Mall, Wharf St 186 m Powell St Opp the Tweed Hospital 384 m Powell St and Brett St 398 m Wharf St at Tweed Heads 407 m Twin Towns Services Club 654 mPOWERED BY HERE ©
Magic Re-development opportunity with diverse holding income streams.
The location of this wonderful re-development opportunity is in the highly sought after Greenbank Island where large amounts of opportunities are well sought after from the development and for high end investor portfolios. The land has a double street frontage with a commanding position second to none on the market today, with its land size, fantastic redevelopment upside and powerful location to all amenities to compliment the fast growth of Tweed Heads City and Southern Gold Coast area.
MOTEL PROPERTY FEATURES:
* 15 Self Contained Units
* 6 Motel Units
* 1 x 4 bedroom family residence
* Million dollar plus renovation
* Existing commercial kitchen
* Inground pool and BBQ facilities
* Green footprint operations (low running costs)
* Freehold Going Concern
RE- DEVELOPMENT FEATURES:
* Zoning - R3 Medium Density
* Land - 1859sqs
* FSR - 1.8:1 (3346m2)
* Height - 22 Metres
* Frontages - Frances Street - 36 Metres
- Mcgregor Street - 36 Metres
The property has undergone extensive renovation and has had outstanding growth in Turnover and net position as a motel operation, whilst also offering the opportunity for permanent and short term accommodation if desired. This ideal location is directly accross the road from the Tweed Heads Mall, harbouring major retailers of Woolworths, Coles, Aldi, Target, Rivers and all the modern specialty shops for complete convenience. The Tweed River, world class surfing and beach locations are in an easy stroll from the property with all the areas major entertainment venues just minutes away as well.
For a full comprehensive information memorandum, with full town planning reports, income flows and rental models please call RBR Commercial, Craig Parsons 0433347209 or Email - email@example.com
Property ID: 503551082Last Updated: 11 Aug 2020