This is a prime opportunity to secure a large infill development site only minutes from Coolangatta Beach and Gold Coast Airport.

The entire site encompasses approximately 1.2 hectares and is zoned primarily as R3 Medium Density Residential.

It has an existing development approval for 127 residential apartments with even broader capabilities at this price and subject to approval to build townhouses or a small lot subdivision.

With a current median house price of $1,280,000 (Aug-24)* for Tweed Heads, this area is highly sought after due to its proximity to an international airport, world renowned surfing beaches, hospitals, university, major shopping centres and entertainment precincts.

All within a 5 to 10-minute drive include the following major landmarks:

- Gold Coast International Airport

- Southern Cross University

- John Flynn Hospital

- Coolangatta Retail and Entertainment Precinct

- Patrolled surfing beaches

- Medical precinct

- Tweed City Shopping Centre

- Tweed Mall Shopping Centre

- Seagulls Leagues Club

- Club Tweed Bowls Club

- Twin Towns Services Club

- Tweed Library

- Local shops and services

- Bus stop (outside property)

- Tweed Valley Hospital (15km, 15 mins drive)**

- Pacific Motorway with Burleigh Heads <20km (25min drive)**

The location is highly sought after by developers and retirement communities due to the population influx and strong demand for housing.

Terranora Creek and Cobaki Nature Reserve surround the Subject Property with a myriad of walks and open space areas available to the public.

Crew Commercial has the exclusive opportunity to offer this site for sale at $5,000,000 + GST reflecting a rate of only $412/sqm which is absolutely base level buying for a site in this location.

Contact Richard McCouaig for more details and discussion on how this site may be suitable for you.

* source: Realestate.com.au August 2024

** distances and times are approximate only

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