THE PROPERTY DEVELOPMENT REVIEW
Ultimate Development Opportunity by the River, Coastline & Highway
For Sale - Auction Thursday 7th December 2023 169-171 Wharf Street, Tweed Heads, NSW. 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.
Jackson Rameau 0438 451 112
raywhitecommercialgoldcoast.com
November / December 2023 – 109
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