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2 River Terrace Tweed Heads, NSW 2485

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2 River Terrace,
Tweed Heads, NSW 2485

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Boutique Waterfront Development Site with Holding Income

Kollosche Commercial, in conjunction with Towers Francis Property, are proud to present to the market 2 River Terrace, Tweed Heads, NSW.

This high profile and iconic boutique waterfront site offers huge redevelopment opportunity, capitalising on its many advantages including direct water frontage, proximity to amenities and employment and local infrastructure.

The site comprises of a total area of 1,943m2 (comprising of 963m2 of freehold Title + 980m2 of Crown Licenced area). The property is currently leased to 'Get Hooked Seafoods', a seafood restaurant / takeaway.

In summary, the property offers:
• Zoned Mixed Use (B4) within the Tweed Shire Council
• Various development possibilities including residential, commercial, tourism and hospitality
• Current gross income approximately $96,000* p.a. + GST
• Walking distance to a wide array of infrastructure and amenities including council services, cafes/eateries, the Tweed Hospital and the Tweed Mall Shopping Centre

UNDER CONTRACT

For all enquiries contact the exclusive marketing agents Tony Grbcic and Chris Towers.

* The area delineated in red is subject to a crown lease which is required to be transferred to the Buyer - see title search and crown lease for details.

Tweed Heads, 2485 demographic data

The median household income for Tweed Heads is $1,138, 21% lower than Regional New South Wales's household income of $1,434. Tweed Heads has an older age profile compared to the rest of Regional New South Wales (median age 55 vs 43). Property ownership data shows 32% of property owners in Tweed Heads have a mortgage.

9,176
Population
$1,138 per week
Median household income
55 years
Median age
Owners
Most residents
Families
Most households
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2 River Terrace
Tweed Heads, NSW 2485
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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