For Sale: Prime Freehold Commercial/Residential Redevelopment Opportunity
Exclusively offered by Real Specialists Commercial
This rare freehold opportunity in the heart of Cabarita Beach offers the chance for a commercial or residential redevelopment.
Situated on a 446 sqm* parcel of land, only 250m* from the beachfront and adjacent to the Woolworths Shopping Centre, this property offers significant development potential (STCA) for a mixed use project of up to three stories.
Key Development Features:
- Site Area: 446 sqm*
- Zoning: E1 Local Centre, allowing for a variety of development options
- Height Limit (HOB): N2 zoning permits up to 13.6m in height
- Prime Position: Located on the rear boundary of Woolworths Shopping Centre along the main commercial strip
- Strong Growth: Situated in the thriving Cabarita Beach CBD area
- Income Potential: Currently leased to three tenants on periodic tenancies, providing holding income during the planning and approval process
Property Features:
- Existing Tenancies: 3 commercial shops, fully leased to a laundromat and hairdresser
- Total Building Area: 182sqm*
- Rear Parking: Ample parking with access from the rear
- Shared External Amenities: Convenient shared bathroom facilities
- Current Holding Income: Periodic tenancies allowing flexibility for future development
- Proximity: Easy walking distance to cafes, the main street, and the beach
This highly desirable property is located in the Bogangar/Cabarita Beach township, within the Tweed Coast region of Northern New South Wales, just 23 km* south of the NSW/QLD border. A popular destination for both weekend visitors and holidaymakers, this site represents an exceptional opportunity for investors and developers alike.
For a detailed Information Memorandum, please contact the exclusive selling agent:
Brad Duncalfe
0419 641 058
brad.duncalfe@realspecialists.com
*Approximate measurements.
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