94 Minjungbal Drive Tweed Heads South NSW 2486

This automotive retail yard is in absolute prime main road position, currently leased to proven trader specialising in camper van sales who has just renewed their lease for 3 years.

This investment would suit investor looking for solid income with future potential development opportunities.

FEATURES
- Prime positioned land totalling 607sqm
- Small onsite factory and office approx 50sqm
- Main Road position Minjungbal Drive exposed to 30,000 passing cars daily.
- Land bank with development upside
- Strong proven tenant with track record.
- Low outgoings.
- Easy asset management
- Low maintenance.

ZONING
- B4 Mixed use - suitable for mixed use development of residential/commercial, retail, medical or child care (STCA).

LEASE
- 3 year lease commenced 1st March 2015
- Gross rental = $44,400 p.a + GST
- Outgoings = $3724.32

PRICE: $580,000

MORE INFORMATION:
Contact Chris Towers or James Francis for property report.

Chris Towers : 0414 298 292