Issue 43 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

Real Specialists Commercial are pleased to offer to the market 14–18 Chinderah Bay Drive, Chinderah by Offers to Purchase closing Friday 30th June 2023. Rarely do properties of this size and potential become available in the tightly held Tweed Commercial market. Occupy, develop or both – just do not miss this great opportunity to own a significant land holding in the gateway to Kingscliff and the Tweed Coast. • Building area of approx. 1,460m2 on floor plus mezzanine • Land area of 6,269m2 of MU1 (Mixed Use) zoned land • Building area approx. 25% of land area – ideal for further development • Currently approved as a sports centre and place of worship • Level flat land close to the M1 motorway with north and south access • High single span warehouse with mezzanine offices • Loads of parking on site and fully gated • Concept plans available for further development • Located 11km from Gold Coast International Airport and 5km from coastal village of Kingscliff • Do not miss this great opportunity – owners are motivated to sell Contact: Darren Jones 0402 188 648 Large Freestanding Building with Development Upside

FOR SALE – Prime Retail Property Part of 170-174 Leura Mall, Leura Council is offering this unique Landmark Property for Sale. DA approved for an additional retail shop or submit your own DA (STCA). Development Details - Refurbishment & Addition. Required Works - Building Conservation Additional Floor Space - 57m 2 If taking up approved DA X/1279/2016. • Total Land - Area 916m 2 EOI Closing 5pm on 19thJuly 2023

• VG Assessment - $1,640,000 • Council Rate - $13,892 p.a.

• Land Area for Sale - 431m 2 approx (subject to proposed subdivision DA) • VG Assessment - $771,659 (pro rata) • Council Rate - $6,536 p.a. (pro rata) • Lettable Floor Space - Approx.186m 2 (current) Approx 243m 2 (proposed) • Shop 1 (Vacant) - 105m 2 approx. • Shop 2 (Leased) - 81m2 approx. + Outdoor Dining Area 30m2 approx. • Established Cafe - Leased until 30 November 2024 • Rent - $38,800 p.a. (plus GST)

Enquiries: Angela Tricker atricker@bmcc.nsw.gov.au 0407 777 341

Initial Inspection Date: 22nd June 2023 at 9:30am (On Site) After this date by Appointment Only. To download the Expression of Interest documentations: https://dr.instadocs.com.au/invite/88262/open

June / July 2023 – 39

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