69 Recreation Street,
Tweed Heads, NSW 2485
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Cash Cow Investment or Re-Development Opportunity!
Calling all astute property investors and developers with an eye for potential, this is an opportunity you won’t want to miss. Perfectly positioned just minutes from the Coolangatta CBD and overlooking the glistening Tweed River, 69 Recreation Street is one of those rare opportunities that simply doesn’t come along every day.
On offer is a block of five units including three one-bedroom residences and two larger two-bedroom units, currently returning an impressive $75,140 p.a (gross) . Each flat is fully self-contained with a kitchen, light-filled living spaces and a bathroom plus there is carport parking for four of the properties with unit five enjoying a good-size single garage.
You could choose to keep this as a quality investment and enjoy fantastic rental returns or capitalise on the prized location and redevelop the site (STCA). A host of cafes, shops and restaurants are all within easy walking distance along with public transport links, the Tweed Mall Shopping Centre and The Tweed Hospital.
| please enquire for a detailed information memorandum |
On offer is a block of five units including three one-bedroom residences and two larger two-bedroom units, currently returning an impressive $75,140 p.a (gross) . Each flat is fully self-contained with a kitchen, light-filled living spaces and a bathroom plus there is carport parking for four of the properties with unit five enjoying a good-size single garage.
You could choose to keep this as a quality investment and enjoy fantastic rental returns or capitalise on the prized location and redevelop the site (STCA). A host of cafes, shops and restaurants are all within easy walking distance along with public transport links, the Tweed Mall Shopping Centre and The Tweed Hospital.
| please enquire for a detailed information memorandum |
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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
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04021886...
69 Recreation Street
Tweed Heads, NSW 2485
REALspecialists Commercial - .PO Box 1331
COOLANGATTA, QLD 4225
COOLANGATTA, QLD 4225
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