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7-11 Wharf Street
Tweed Heads NSW 2485
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Sold on 16 Sep 2024

7-11 Wharf Street Tweed Heads NSW 2485

  • Shop & Retail
  • 346 m²
  • Sold, $2,280,000

ARE YOU LOOKING FOR A 7% RETURN? HIGH EARNING RETAIL SHOPS - on the cusp of Coolangatta

    Outstanding opportunity to earn a stable rate of return from these (5) fully tenanted retail premises within Harbour Tower / Twin Towns on the cusp of Coolangatta Beach.

    DETAILS:

    - Lot 3 DP 1086912
    - Net lettable area 346.2m2*
    - Tenancies include, Massage Therapy, Beauty, Tobacconist & Printing
    - Large customer parking in front & additional basement parking within Twin Towns

    FINANCIALS:

    - Current gross income $151,382 + GST per annum
    - Expenditure $11547.17 per annum *
    - Net income $139,835.44 per annum *

    *approximately

    LOCATION:

    This prominent property forms part of the Twin Towns Harbour Tower and is positioned on the main arterial, linking the Tweed to the Southern Gold Coast.

    The Jack Evans Boat Harbour & Twin Towns Entertainment venue are directly opposite and this property is also adjacent to the Tweed Shopping Mall, which is set down for a major upgrade including substantial residential development.

    Coolangatta beach is just 250m at the end of the street, which is flanked by world-class breaks at Rainbow Bay, Snapper, Greenmount & Duranbah.

    The Gold Coast International Airport & Southern Cross Uni are within (10) minutes and Tweed Valley Hospital at Kingscliff is within (20) minutes.

    AGENTS COMMENTS:

    An ideal passive holding for any Investment portfolio or Super Fund which easily managed.

    Please contact Marketing & Managing Agents Greg Cook 0414 134 555 or David Stringer 0418 150 731 in the strictest confidence for further information.

    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 Sold16 Sep 2024
    Sold Price$2,280,000
    Floor Area346 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Property ID2019318005
    Category
    Last updated  16 Oct 2024
    Map for 7-11 Wharf Street Tweed Heads NSW 2485

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    DJ Stringer
    DJ Stringer
    76 Griffith Street
    Coolangatta, QLD 4225

    Property Highlights

    Date Sold16 Sep 2024
    Sold Price$2,280,000
    Floor Area346 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Property ID2019318005
    Category
    Last updated  16 Oct 2024

    More about 7-11 Wharf Street Tweed Heads NSW 2485

    7-11 Wharf Street Tweed Heads NSW 2485 is categorized as Shop & Retail Property. It has a floor area of 346 m². There are 3 x onsite parkings.The listing ID for this property is 2019318005.

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