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18 Enterprise Avenue
Tweed Heads South NSW 2486
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Sold on 28 Oct 2020

18 Enterprise Avenue Tweed Heads South NSW 2486

  • Factory, Warehouse & Industrial
  • 1,202 m²
  • Sold, $1,950,000

NATIONAL TENANT - CIRCA 7% NETT RETURN

LJ Hooker Commercial are pleased to be appointed as the Exclusive Selling Agents and offer to the market this 2082sqm freehold land with a total lettable area of 1202sqm.

Located in the heart of the commercial and industrial precinct of Tweed Heads South.
The building is utilised by Australia Post and comprises a warehouse area which has been fitted out by the tenant with suspended grid pattern ceiling for mail sorting purposes. There is also a loading dock, lunchroom, male and female bathroom amenities, bike storage room and two awnings. The building has a site coverage of 59% which is at the higher end of the typical range for this type of property in this location.

This rare opportunity to purchase a prime warehouse facility in the busy South Tweed is in an extremely tightly held location.

Machinery Drive, Tweed Heads South is the centre of a thriving mix of multi-national companies such as Aldi, Bunnings Warehouse, Harvey Norman, Repco, Reece, Rebel, Pet Mart, BBQ Galore and Super A Mart to name a few together with an equal balance of independent business brands and is within walking distance to regional shopping Tweed City Shopping Centre. This all makes for a well-balanced business community.

This commercial property is located at 18 Enterprise Avenue in the centre of the bulky goods and industrial precinct and in a thriving small stand-alone group of freestanding buildings.

There is abundant onsite car parking in an easy to find and access location which enjoys high traffic flow with excellent exposure.
- 2082sqm freehold land
- 1202sqm total lettable area
- Excellent access with two street frontages
- Fully insulated warehouse ceiling
- High exposure
- 21 onsite parking
- 24 hour access
- Quick access to Minjungbal Drive and M1 motorway
- National Tenant
- Term / Option: 8 years, with 2 year option
- Passive Investment
- Income: $135,996.84 per annum net plus Outgoings + GST
- Information Memorandum available upon request
- For Sale via Expressions of Interest

Contact Adam Roberts 0422 443 565

Property Highlights

Date Sold28 Oct 2020
Sold Price$1,950,000
Floor Area1,202 m²
Land Area2,082 m²
Parking21 x Onsite parkings
Property ID2016320486
Category
Last updated  23 Nov 2020
Map for 18 Enterprise Avenue Tweed Heads South NSW 2486

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Property Highlights

Date Sold28 Oct 2020
Sold Price$1,950,000
Floor Area1,202 m²
Land Area2,082 m²
Parking21 x Onsite parkings
Property ID2016320486
Category
Last updated  23 Nov 2020

Listed by

Adam Roberts
Adam Roberts
LJ Hooker Commercial Property Hub
Call
0422 443 565

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