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!
  • Sold
  • Land size: 2177 sqm