For Sale: 11 McLean Street, Coolangatta CBD
A rare freehold opportunity with unparalleled natural light to all areas.
Occupy as an owner occupier or reposition as 2 office/residence townhouse only steps from the beach.
Property Overview:
- Address: 11 McLean Street, Coolangatta
- Type: Freestanding Freehold Office Building
- Levels: 2 (Development Approval for a 3rd level)
- Site Area: 504 sqm
- Building Area: 294 sqm
Property Features:
- Modern Glass facade providing exceptional natural light to all areas
- Rooftop terrace with ocean views
- 9 on-site car parks
- Air-conditioned and fitted out for immediate occupation
- Existing Development Approval for an additional level as office or a residence.
- Offered with vacant possession
Zoning & Use:
- Zoning: Centre
- Permitted Uses: Office, medical, retail, education, gym, and other commercial uses and/or residential.
Location Highlights:
- Situated in the Coolangatta Central Business and Retail Precinct
- Opposite the Coolangatta Sands Hotel
- 50 metres from Coolangatta Park with views of the Pacific Ocean and Coolangatta Beach
- 100 metres from Kirra Point, a renowned surfing spot
- Development height allowance of 39 metres
Opportunity:
- Ideal for owner-occupiers looking for freehold commercial property ownership
- Potential to add value by completing the approved 3rd level
- Developers can lease for holding income and consider future redevelopment
- Repositioning potential for entertainment or residential apartments
Sale Details:
For Sale: $3.75M + GST
For an Information Memorandum, access to the Data Room, or to arrange an on-site inspection, please contact the Exclusive Selling Agents.