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45-47 Recreation Street Tweed Heads, NSW 2485

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45-47 Recreation Street,
Tweed Heads, NSW 2485

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Map of 45-47 Recreation Street

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SOLD BY CRAIG PARSONS

Positioned in Tweed Heads with an existing DA in place for 12 Units.
There is further upside to grow the DA/PLANS to a potential 24 units (S.T.C.A) under the new LEP 2014 scheme.
$160,000 (approx.) has already been paid in council contributions with all services already provided to the immediate location.

*Land size 1376 sqs
*4 Storey Height Limit (14 Metres)
*R3 Medium Density Zoning
*FSR - 2.1 (2752m2)
*New Design - 4 x 1 bed and 20 x 2 bed Units
*Potential townhouse concept also encouraged
*Joint venture Options will be considered

The opportunity for a great development concept awaits for the right operator, with the market showing a strong demand in the local area of Tweed Heads.

150 metres from Ivory Tavern and Boat Harbour, a short stroll to University, Hospital, Twin Towns RSL and Tweed Mall Shopping Centre with major retailers.

DA documents, drawings and town Planning recommendations available on request.

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
04872107...
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45-47 Recreation Street
Tweed Heads, NSW 2485

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