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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
     Shop & Retail
     Offices
    Last updated  9 May 2024
    Map for 9/47 Tweed Coast Road Cabarita Beach NSW 2488

    Nearest transport* to 9/47 Tweed Coast Road Cabarita Beach NSW 2488

    Bus
    Train
    Tram
    Ferry
    Bogangar Coach Stop32 m
    Banksia Av At Hastings Rd222 m
    Hastings Rd After Ti Tree Av314 m
    Tweed Coast Rd At Cypress Cres326 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
     *Within a 4km radius
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    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
     Shop & Retail
     Offices
    Last updated  9 May 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 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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