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 only 5 mins drive from Coolangatta Beach on the NSW side of the border is this well maintained, motel ripe for the picking by an astute investor. With R3 Medium Density Zoning at a baseline value of $1,800-$2,000 m2 - 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
- 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.
Ignore the current numbers, this is all about Potential and Future Value.
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2916MF (quote when enquiring)
Property Code: 5522
