Ultimate Development Opportunity by the River, Coastline & Highway
Jackson Rameau of RWC Gold Coast proudly presents for sale the opportunity to purchase 169-171 Wharf Street, Tweed Heads, NSW. The property presents a rare and irreplaceable opportunity for developers, investors or owner occupiers to secure arguably the largest parcel in this precinct with three street access points located in a high growth corridor boarding the Southern Gold Coast.
Key features include:
• 5,703m2* of prime land with strong signage exposure!
• Net income $78,328,08 + GST + Outgoings
• 5 + 5 YR Lease to Crazy Clark's Car Rentals (redevelopment clause included in leases allowing the entire 5,703m2* parcel to be vacant and redeveloped)
• Three combined parcels of land allowing strong redevelopment upside or site reconfiguration
• Three street access points from Wharf Street, Recreation Street and Boyd Street
• Strong holding income with major future development upside^
• Previous DA (now lapsed) for a mixed-use motor showroom and commercial development
• Zone: MU1 Mixed Use (allows a mix of commercial and residential use)
• Fantastic view corridors back to the Tweed & Gold Coast
• Height Allowance: 28 metres* (7 Storeys) subject to approvals^
• Absolutely must be sold! Do not miss out!
Offered for sale via Public Auction to be held 11am (QLD time) Thursday 7 December 2023 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.
For more information please contact the exclusive marketing agent Jackson Rameau on 0438 451 112.
Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty & Telern Pty Ltd trading as Ray White Surfers Paradise divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately
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