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9/47 Tweed Coast Road
Cabarita Beach NSW 2488
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Sold on 9 May 2024

9/47 Tweed Coast Road Cabarita Beach NSW 2488

  • Shop & Retail
  • 131 m²
  • Sold

Northern NSW Beachside Investment Desirable Cabarita Beach Location

    - New 5 year leases to 2028
    - Fixed 5% Annual Rent Increases
    - Net Income: $114,727 pa* + GST

    Towers Francis Property & Burgess Rawson are pleased to present 9/47 Tweed Coast Road, Cabarita Beach to the market for sale via our Investment Portfolio Auction 166.

    This property has the following key investment highlights:

    + New 5 year lease terms to 2028 plus options
    + CWBC: established Cabarita Beach co-working business centre & studio space
    + Tobacconist: Retail shopfront strategically located next to Woolworths.
    + Guaranteed rental growth with fixed 5% annual rent increases
    + Two leases in place with immaculate tenant fit-outs
    + Net leases with the tenants responsible for all outgoings as per the lease
    + Prominent location 300m* to Halcyon House, 50m* to Cabarita Beach and neighbouring Woolworths
    + Cabarita Beach: ranked Australia's best beach & ideal holiday destination located 50km* to Byron Bay & 22km* to the Gold Coast
    + Net Income: $114,727 pa* + GST

    FOR SALE:

    $1,760,000 - 6.5% Net Return

    Please contact the exclusively appointed team for more information.

    *Approx.

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

    Property Highlights

    Date Sold9 May 2024
    Floor Area131 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019233035
    Category
    Last updated  9 May 2024
    Map for 9/47 Tweed Coast Road Cabarita Beach NSW 2488

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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 Sold9 May 2024
    Floor Area131 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019233035
    Category
    Last updated  9 May 2024

    Co-Agents

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

    More about 9/47 Tweed Coast Road Cabarita Beach NSW 2488

    9/47 Tweed Coast Road Cabarita Beach NSW 2488 is categorized as Shop & Retail Property. It has a floor area of 131 m². The listing ID for this property is 2019233035.

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