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33 Bay Street Tweed Heads NSW 2485

  • Shop & Retail
  • 990 m²
  • For Sale, $2,200,000 - Must be sold !

COMMANDING FREEHOLD CORNER BUILDING

    Often sought and rarely found prime corner building in CBD locations, Towers Francis Property are excited to offer 33 Bay Street, Tweed Heads to the public market for sale by Expressions Of Interest (EOI).

    This classic repositioning opportunity is ripe for the astute purchaser to acquire and prosper from this multi faceted freehold investment with significant holding income.

    KEY FEATURES:

    - Two existing tenants on net leases producing net income of $95,966 per annum.
    - Circa 50% residual vacancy provides the opportunity for significant rental growth upside.
    - Huge development potential denoted in City Centre Master plan.

    SITE DETAILS:

    - 990sqm NLA two level freehold building.
    - 670sqm site.
    - Zoning B3 Commercial Core (High density).
    - Significant corner location.
    - Strategic Tweed Shire CBD location.

    PRICE:

    $2,200,000 as a going concern.

    Contact Exclusive selling agents Towers Francis Property today for information memorandum.

    Property Highlights

    Property ID2016629783
    Floor Area990 m²
    Land Area670 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  21 Jan 2021
    Map for 33 Bay Street Tweed Heads NSW 2485
    Map for 33 Bay Street Tweed Heads NSW 248533 Bay Street Tweed Heads NSW 2485

    Property Highlights

    Property ID2016629783
    Floor Area990 m²
    Land Area670 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  21 Jan 2021
    Towers Francis Property
    Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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