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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
The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
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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