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34 Tweed Coast Road
Cabarita Beach NSW 2488
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Sold on 29 Apr 2021

34 Tweed Coast Road Cabarita Beach NSW 2488

  • Shop & Retail
  • 1 m²
  • Sold

Northern NSW Tourism Mecca - Cabarita Beach

  • Rare Cabarita Beachside investment
  • Fixed 3% annual increases
  • Net Income $134,100 pa + GST

Cushman & Wakefield is pleased to present to the market 34 Tweed Coast Road, Cabarita Beach for Sale via Auction.

The property has the following key characteristics:
- Leased to 2024 + options to 2027
- Cabarita Beach Ranked Australia's best beach and ideal holiday destination located 50 km to Byron Bay and 22 km to the Gold Coast
- Multi-tenanted beachside investment occupied by Nectar Juice Bar, Ritas Burgers & The Adventure Club
- Favourable B2 Local Centre zoning
- Significant tenant capital improvements with convenient on-site parking and retail exposure
- Rare and strategic 673 sqm beachside landholding offering substantial commercial and residential development opportunities (STCA). Scheme designed for 6 luxury apartments, offices & retail
- Prominent location in Cabarita Beach positioned 170 metres to Australia's Halcyon House and directly across from a Woolworths Supermarket
- Offering exquisite ocean views along the Tweed Coast within the world renowned Northern NSW precinct
- Tenants pay all Outgoings including Land Tax and Management Fees
- Fixed 3% annual increases
- Net Income $134,100 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.

Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Property Highlights

Date Sold29 Apr 2021
Floor Area1 m²
Land Area673 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016895914
Category
Last updated  11 May 2021
Map for 34 Tweed Coast Road Cabarita Beach NSW 2488

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Property Highlights

Date Sold29 Apr 2021
Floor Area1 m²
Land Area673 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2016895914
Category
Last updated  11 May 2021

Co-Agents

Michael Collins
Michael Collins
Cushman & Wakefield Sydney
Call
0404 023 204
Geoff Sinclair
Geoff Sinclair
Cushman & Wakefield Sydney
Call
0451 462 759

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