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All About The Location - 2916MF For Sale

Tweed Heads South, New South Wales, Australia
Asking Price:
FREEHOLD EXPRESSION OF INTEREST (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

FREEHOLD - EXPRESSION OF INTEREST

When they say real estate is all about the location - they are not kidding! A rare find in today’s tourism market - an underperforming property in a prime location.

Located a short drive from Coolangatta Beach on the NSW side of the border is this well maintained, original motel ripe for the picking by an astute investor. With R3 Medium Density Zoning the opportunities are endless.

Current offering:
- Main road exposure only 5 minutes from Coolangatta Beach

- Three lots with a total of approx. 2,790 m2 and a 50m front boundary

- 32 rooms of varying configuration

- Huge 250 m2 residence attached to reception

- Onsite pool and plenty of parking

- Low maintenance property with minimal landscaping

- Operational motel business with huge upside potential

- Close to major shopping centre, a variety of clubs, entertainment and the riverfront

Tweed Heads is a thriving commercial, entertainment and tourism hub of the lower Gold Coast.

There is also the opportunity to build more rooms or even as a knock down and then build apartments for a developer.

Don’t miss out as this is all about Potential and Future Value.

Property ID: 2916MF (quote when enquiring)

Property Code: 5522