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25 Minjungbal Drive
Tweed Heads South NSW 2486
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Sold on 11 Jan 2021

25 Minjungbal Drive Tweed Heads South NSW 2486

  • Other
  • 911 m²
  • Sold, $1,950,000

Riverside Ex-Motel 10 Studio Units plus three bedroom residence

An individual property with a myriad of opportunities and massive income potential. Live in the residence and generate a substantial income from the 10 studio units via Airbnb, revert back to a Motel Business, turn into a Back Packers or a haven for Retirees. Utilise as a Training Academy with accommodation for the students and the residence as the place of learning. The possibilities are limitless. Better than money in the bank.

- Three bedroom, two bathroom residence boasts stunning river views
- Perfect for the family wishing to run their own business and reside
- Zoned - medium density residential r3 - 13.6m building height limit
- Private 911m2 corner block, rates $2,999pa, water $239 pq approx
- Potential Income (short term permanent rental) $160,000 pa.
- 12 car spaces and swimming pool (currently not used)
- Benefit by the massive volume of daily passing traffic
- Enhance at your leisure to realise its full potential
- Close to shops, cafes, clubs, hospital, Coolangatta Airport, university
- Owners of 18 years have decided it's time to sell and downsize.

McGrath Coolangatta/Tweed Heads/Tweed Coast
McGrath Coolangatta/Tweed Heads/Tweed Coast
Shop 1a/95-99 Wharf Street
Tweed Heads, NSW 2485

Property Highlights

Date Sold11 Jan 2021
Sold Price$1,950,000
Floor AreaAsk Agent
Land Area911 m²
Parking12 x Onsite parkings
Property ID2016360466
Category
Last updated  19 Apr 2021
Map for 25 Minjungbal Drive Tweed Heads South NSW 2486
McGrath Coolangatta/Tweed Heads/Tweed Coast
McGrath Coolangatta/Tweed Heads/Tweed Coast
Shop 1a/95-99 Wharf Street
Tweed Heads, NSW 2485

Property Highlights

Date Sold11 Jan 2021
Sold Price$1,950,000
Floor AreaAsk Agent
Land Area911 m²
Parking12 x Onsite parkings
Property ID2016360466
Category
Last updated  19 Apr 2021

Listed by

McGrath Coolangatta/Tweed Heads/Tweed Coast
Call
07 55068900

More about 25 Minjungbal Drive Tweed Heads South NSW 2486

25 Minjungbal Drive Tweed Heads South NSW 2486 is categorized as Other Property. It has a land area of 911 m². There are 12 x onsite parkings.The listing ID for this property is 2016360466.

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