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46-48 Recreation Street
Tweed Heads NSW 2485
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Sold on 28 Jun 2024

46-48 Recreation Street Tweed Heads NSW 2485

  • Factory, Warehouse & Industrial
  • 600 m²
  • Sold

A GRADE INVESTMENT & LANDBANK

    Towers Francis Property are pleased to offer to the market for sale by private treaty negotiation, 46-48 Recreation Street, Tweed Heads, NSW 2485 for the first time in over 30 years.

    This property provides an opportunity for residential developers seeking a development site coupled with strong holding income.

    Or alternatively investors seeking continuity of income from an A Grade covenant and landbank opportunity.

    FEATURES:

    - Freehold site of 2,177sqm.
    - Leased to Goodyear & Dunlop Tyres Australia.
    - Net income $112,320 per annum + Outgoings + GST.
    - Outgoings 100% payable by tenant.
    - R3 Medium Density Zoning under Tweed Shire LEP.

    Don't miss this rare opportunity to purchase a substantial freehold property with the security of strong holding income coupled by underlying land value.

    Contact exclusive selling agents Towers Francis Property today!

    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold28 Jun 2024
    Floor Area600 m²
    Land Area2,177 m²
    ParkingAsk Agent
    Property ID2019293514
    Category
     Factory, Warehouse & Industrial
     Development / Land
    Last updated  3 Sep 2024
    Map for 46-48 Recreation Street Tweed Heads NSW 2485

    Nearest transport* to 46-48 Recreation Street Tweed Heads NSW 2485

    Bus
    Train
    Tram
    Ferry
    Wharf St opp River Tce222 m
    Wharf St at River Tce246 m
    Tweed Heads Civic and Cultural Centre, Wharf Rd390 m
    Tweed Heads Civic and Cultural Centre, Brett St410 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
     *Within a 4km radius
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    Towers Francis Property
    Towers Francis Property
    Suite 2B Tweed Office Park 24-28 Corporation Circuit
    Tweed Heads South, NSW 2486

    Property Highlights

    Date Sold28 Jun 2024
    Floor Area600 m²
    Land Area2,177 m²
    ParkingAsk Agent
    Property ID2019293514
    Category
     Factory, Warehouse & Industrial
     Development / Land
    Last updated  3 Sep 2024

    Co-Agents

    Chris Towers
    Chris Towers
    Towers Francis Property
    Call
    0414 298 292
    James Francis
    James Francis
    Towers Francis Property
    Call
    0409 904 925

    Enquire about this property

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              More about 46-48 Recreation Street Tweed Heads NSW 2485

              46-48 Recreation Street Tweed Heads NSW 2485 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 600 m² and a land area of 2,177 m². The listing ID for this property is 2019293514.

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