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46-48 Recreation Street Tweed Heads, NSW 2485

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46-48 Recreation Street,
Tweed Heads, NSW 2485

Warehouse, Factory & Industrial • Development Sites & Land

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A GRADE INVESTMENT & LANDBANK

  • First time offered in over 30 years
  • Leased to national covenant Goodyear
  • Prime freehold with development upside
Towers Francis Property are pleased to offer to the market for sale by private treaty negotiation, 46-48 Recreation Street, Tweed Heads, NSW 2485 for the first time in over 30 years.

This property provides an opportunity for residential developers seeking a development site coupled with strong holding income.

Or alternatively investors seeking continuity of income from an A Grade covenant and landbank opportunity.

FEATURES:

- Freehold site of 2,177sqm.
- Leased to Goodyear & Dunlop Tyres Australia.
- Net income $112,320 per annum + Outgoings + GST.
- Outgoings 100% payable by tenant.
- R3 Medium Density Zoning under Tweed Shire LEP.

Don't miss this rare opportunity to purchase a substantial freehold property with the security of strong holding income coupled by underlying land value.

Contact exclusive selling agents Towers Francis Property today!

Property ID: 504610096Last Updated: 3 Sep 2024

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46-48 Recreation Street
Tweed Heads, NSW 2485
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Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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