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Lot 2/217 Kirkwood Road Tweed Heads South NSW 2486

  • Development / Land
  • 611 m²
  • Commercial Auction

Approved 2 lot strata subdivision

Calling all first home owners, builders, developers and investors looking for an easy short term project. On offer is the remaining lot of an approved 3 strata subdivision. Currently on the one title the lot has DA approval for 2 homes that can be strata titled on completion.

OPTION 1 Build one home for now with a large yard on a 611m2 lot - allowing the opportunity to sell the remaining lot or complete the other home in the future. Great starter for the first home owner!
OPTION 2 Build both immediately - split the title for a resale profit - or build and hold on one title as a great investment.
• Lot 1 land size = 310m2
• Lot 2 land size = 301m2 Rental appraisal for each completed home shows $500+ per week. The approved homes are identical 166m2 three bedroom free standing houses which include:
• Open plan kitchen/dining/living room
• Main bedroom with walk in robe and ensuite
• 2nd & 3rd bedrooms with built in robes • main bathroom with separate shower and bath.
• Separate WC and laundry • Double lock up garage The ongoing development within Fraser Cove estate, the imminent highway off ramp and proposed tavern indicates the time is ripe to grab this opportunity.

Auction date and time10/12/2019 17:30
Auction locationCurrumbin RSL

Property Highlights

Property ID2015865778
Floor AreaAsk Agent
Land Area611 m²
ParkingAsk Agent
Annual ReturnAsk Agent
Last updated  12 Nov 2019
Map for Lot 2/217 Kirkwood Road Tweed Heads South NSW 2486
Ray White Commercial GC South
19 Taree Street Burleigh Heads QLD 4220

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