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67 Minjungbal Drive
Tweed Heads South NSW 2486
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Sold on 31 Jul 2024

67 Minjungbal Drive Tweed Heads South NSW 2486

  • Shop & Retail
  • 353 m²
  • Sold, $1,830,000

HIGH PROFILE MAIN ROAD SHOPS, WAREHOUSE & LAND

    THIS PROPERTY IS BEING OFFERED FOR SALE BY NEGOTIATION

    Outstanding opportunity to acquire this fully tenanted, high profiled, mixed-use freehold Commercial property, aloft a prime 1018m2 allotment with (2) street frontage.

    KEY FEATURES

    - Annual Gross Rent $102,689.33 (excluding GST)
    - 3 x retail shops (138m2)
    - 1 x 216m2 rear industrial warehouse (216m2)
    - Land size 1018m2
    - 2 street frontage (Minjungbal Drive & Heffron Lane)
    - 13 designated onsite carparks & 3 toilet facilities
    - Lot 3 DP 11478

    LOCATION:

    This highly exposed property is well positioned on the busy picturesque waterfront esplanade of Minjungbal Drive, Tweed Heads South, right next door to McDonalds and 100m to the South Tweed Tavern and Dan Murphy's Liquor. In addition, it is surrounded by a vast number of retail outlets, light industry and Motel accommodation dotted along the way.

    The main arterial of Minjungbal Drive connects the Southern Gold Coast's township of Coolangatta to Tweed Heads, moments to Tweed City Shopping Centre, as well as other major amenities such as local schools, the Tweed Heads & Coolangatta Golf Club, local Bowls Clubs, Twin Towns Services Club and the Tweed Hospital.

    The new $730M Tweed Valley Hospital located in Kingscliff (opening early-mid 2024) is a mere (15) minutes to the South and the Gold Coast International Airport & Southern Cross University are within a (10) minute drive to the North.

    World class beaches at Kirra, Coolangatta, Snapper Rocks, Rainbow Bay & Duranbah are all within 3.5kms from this site.

    AGENT'S COMMENTS:

    A very sound and secure mixed-use property facilitating takeaway food, health services and sporting tenancies, that is attractive to Self-Managed Super Funds and or those wanting a stable rate of return with very minimal hands-on management.

    Coupled with the expansion of this region that is booming to underpin substantial residential and Commercial developments, as well as major infrastructures on both sides of the QLD & NSW Border, this property is sure to continually rise in value alongside expected market growth to all areas.

    In addition, given the 1018m2 allotment boasting a two-street frontage, this holding would also appeal to those with re-development aspirations.

    For further particulars & to receive an Information Memorandum, please contact Marketing & Managing Agents Greg Cook 0414 134 555 or David Stringer 0418 150 731 in the strictest confidence.

    Disclaimer:
    All information contained herein is gathered from sources we believe to be reliable.  DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

    DJ Stringer
    DJ Stringer
    76 Griffith Street
    Coolangatta, QLD 4225

    Property Highlights

    Date Sold31 Jul 2024
    Sold Price$1,830,000
    Floor Area353 m²
    Land Area1,018 m²
    ParkingAsk Agent
    Property ID2018966767
    Category
    Last updated  30 Sep 2024
    Map for 67 Minjungbal Drive Tweed Heads South NSW 2486

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    DJ Stringer
    DJ Stringer
    76 Griffith Street
    Coolangatta, QLD 4225

    Property Highlights

    Date Sold31 Jul 2024
    Sold Price$1,830,000
    Floor Area353 m²
    Land Area1,018 m²
    ParkingAsk Agent
    Property ID2018966767
    Category
    Last updated  30 Sep 2024

    More about 67 Minjungbal Drive Tweed Heads South NSW 2486

    67 Minjungbal Drive Tweed Heads South NSW 2486 is categorized as Shop & Retail Property. It has a floor area of 353 m² and a land area of 1,018 m². The listing ID for this property is 2018966767.

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