Ray White Commercial GC South Network are please to offer by way of Public Auction, the Terranora Village Shopping Centre.

Motivated sellers with very clear instructions to sell on or before Auction

- 21* retail tenancies, including Tavern and Drive-Thru Bottle Shop, Supermarket, Child Care Centre, Medical Centre, Service Station, Church, Pharmacy, Coffee Shop, Hairdresser, Restaurant/Take-away and Butcher.
- Net Lettable Area 4,900m2*;
- Land area 1.94ha²*;
- Ample on-site parking, mostly undercover;
- Substantial passing income, with significant value add opportunities;
- Zoned RU5 Village, suit a variety of uses;
- Freestanding supermarket, fully furnished and ready to be occupied;
- Freehold properties of this size are very rare in this location.
- An opportunity not to be missed

TAVERN
The Terranora Tavern is the largest freestanding building in the centre. It is spread over three levels of approximately 2,000m²*. Security cameras and alarm systems operate throughout. There are two lifts allowing easy disabled access to each level, including a service lift.

The lower level comprises of drive-thru bottle shop,full set up with fridges and cool rooms, and function room/bar.

The middle level comprising of fully set up bar and beer garden, bathroom facilities, offices, dataroom and storerooms.

The upper level main bar, beer garden and bistro open up onto the large balcony with ocean views. Inside there is large dining area adjacent to the bistro/bar. The fully set up kitchen contains all equipment needed, including cool room, freezer and storage room and is ready for occupation. There is also children’s play area, lounge area, bathroom facilities and keg room/cool room on this level. All fixtures and fittings are to the highest of standards.

SUPERMARKET

The freestanding supermarket is currently vacant, with an approximate size of 430m² + loading dock and large customer car park.

Included are large display cabinets, 5 large display fridges, shelving racks, 3 cool rooms, storerooms, lunchroom and bathroom facilities. The front counter and office has all equipment included and is ready to be occupied.

Very rare freehold opportunity.

LOCATION

The corner site is the only commercial centre in the fast growing suburb of Terranora.
• 14km to the Gold Coast Airport
• 12km to the Tweed Hospital
• 13km to Coolangatta Beaches
• 170m to Terranora Public School (Primary School)
• 45 minutes to Surfers Paradise

SUBURB PROFILE - Terranora
Terranora is bounded generally by Terranora Broadwater in the north, the locality of Banora Point in the east, the Tweed River and the locality of North Tumbulgum in the south. Terranora is a rural and growing rural-residential and residential area.

In recent years population growth has been driven by migration from other areas of New South Wales and to a lesser extent Queensland. This migration has included large numbers of retirees as well as families with children. In the 2006-2011 period, the Shire attracted large numbers of persons from overseas as well from Sydney and south east Queensland. It is expected that there will be continued demand for residential development in Tweed Shire due to its high amenity level, coupled with transport improvements that have shortened commuting distances to the Gold Coast in particular.

This property is being sold by Auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.


Auction 21 October 2015 at 3:00pm AEDST - On Site


For more information or to obtain a copy of the Information Memorandum please contact Assi Dadon.