46-48 Recreation Street, Tweed Heads NSW 2485
A GRADE INVESTMENT & LANDBANK
Towers Francis Property are pleased to offer to the market for sale by private treaty negotiation, 46-48 Recreation Street, Tweed Heads, NSW 2485 for the first time in over 30 years.
This property provides an opportunity for residential developers seeking a development site coupled with strong holding income.
Or alternatively investors seeking continuity of income from an A Grade covenant and landbank opportunity.
FEATURES:
- Freehold site of 2,177sqm.
- Leased to Goodyear & Dunlop Tyres Australia.
- Net income $112,320 per annum + Outgoings + GST.
- Outgoings 100% payable by tenant.
- R3 Medium Density Zoning under Tweed Shire LEP.
Don't miss this rare opportunity to purchase a substantial freehold property with the security of strong holding income coupled by underlying land value.
Contact exclusive selling agents Towers Francis Property today!
This property provides an opportunity for residential developers seeking a development site coupled with strong holding income.
Or alternatively investors seeking continuity of income from an A Grade covenant and landbank opportunity.
FEATURES:
- Freehold site of 2,177sqm.
- Leased to Goodyear & Dunlop Tyres Australia.
- Net income $112,320 per annum + Outgoings + GST.
- Outgoings 100% payable by tenant.
- R3 Medium Density Zoning under Tweed Shire LEP.
Don't miss this rare opportunity to purchase a substantial freehold property with the security of strong holding income coupled by underlying land value.
Contact exclusive selling agents Towers Francis Property today!
