Summerville, 10-12 Angela Street, Tweed Heads, NSW 2485

Excellent Development Opportunity

Motion Real Estate is pleased to present on behalf of the vendors, 10-12 Angela Street, Tweed Heads, an excellent opportunity to capitalise on a DA approved residential development site located on the border of NSW and QLD 

The Property represents an outstanding opportunity to invest in a currently marketed residential development that has already been the recipient of strong levels of demand. 

Ideally positioned within close proximity to the Gold Coast Airport and Coolangatta Beach, Summerville comprises 47 apartments. To date, 8 contracts have been exchanged with another 1 issued. 

The vendor has exclusively appointed Motion Real Estate to market the property for sale.

DEVELOPMENT POTENTIAL
-a DA has been approved for the demolition of the existing residential dwelling houses and the construction of 47 apartments with 2 levels basement parking.

LOCATION OVERVIEW
-the site is located next to the border with Queensland, adjacent to the “Twin Town” of Coolangatta, a suburb of the Gold Coast, and is located about 3.8km from Gold Coast Airport.

EXISTING IMPROVEMENTS
-two freestanding residential dwelling houses which will be demolished as part of the development approval.

METHOD OF SALE
-for sale via Expressions of Interest closing 22nd February 2017 at 3pm (AEST).

AGENT CONTACT DETAILS
-for access to Due Diligence Material and to arrange an inspection of the site, please contact the exclusive agent Motion Real Estate below:

Brian Kim | 0401 551 910
Briankim@MotionRealEstate.com.au

Remember to mention you found this property on DevelopmentReady