30-34 Bay Street, TWEED HEADS NSW 2485
100% LEASED FREEHOLD COMMERCIAL RETAIL INVESTMENT WITH DEVELOPMENT UPSIDE
This rare prime corner offering comprises of two adjoining, two level buildings on separate freehold individual titles.
This investment represents a unique opportunity to acquire four (4) retail shops on the ground level with fifteen (15) commercial office suites above on level one.
INVESTMENT DETAIL:
- Net income of $320,000 per annum approximately.
- Diverse lease expiry's to long standing tenants.
- Strong potential rental growth for prudent investor.
LOCATION:
- Prime corner position on the re-gentrifying 'Bay Street' and 'Sands Lane'.
- 300 meters to state border line of NSW and QLD.
- Easy to find with abundant street parking.
- Walking distance to Beach's, shops and the entertainment precincts.
FEATURES:
- Site area 600 sqm approx.
- NLA 900 sqm approx
- Diverse tenancy mix.
- Significant development upside zoned B3 Commercial Core under Tweed Shire LEP.
- Well maintained building with character features.
PRICE: $3,950,000 - 8% net return
MORE INFORMATION:
For information memorandum, contracts and inspections contact co-exclusive selling agents Towers Francis Property or Balmoral Partners.
This investment represents a unique opportunity to acquire four (4) retail shops on the ground level with fifteen (15) commercial office suites above on level one.
INVESTMENT DETAIL:
- Net income of $320,000 per annum approximately.
- Diverse lease expiry's to long standing tenants.
- Strong potential rental growth for prudent investor.
LOCATION:
- Prime corner position on the re-gentrifying 'Bay Street' and 'Sands Lane'.
- 300 meters to state border line of NSW and QLD.
- Easy to find with abundant street parking.
- Walking distance to Beach's, shops and the entertainment precincts.
FEATURES:
- Site area 600 sqm approx.
- NLA 900 sqm approx
- Diverse tenancy mix.
- Significant development upside zoned B3 Commercial Core under Tweed Shire LEP.
- Well maintained building with character features.
PRICE: $3,950,000 - 8% net return
MORE INFORMATION:
For information memorandum, contracts and inspections contact co-exclusive selling agents Towers Francis Property or Balmoral Partners.