Never before offered for sale, this well-kept apartment complex of six separate 2 bedroom apartments offers endless opportunities for investors or developers. Directly opposite Recreation Park and just 3 mins to Coolangatta Beach, astute buyers will recognise the potential to add immense value to this property. Zoned medium density, there is the exciting prospect of future re-development STCA, while enjoying substantial rental income.
Level 910.5m2 block opposite Tweed's peaceful Recreation Park
Short 5 min cycle to Coolangatta's CBD or famed surfing beaches
Six comfortable 2 bedroom apartments with existing rental income
Solid and substantial brick building maintained in good condition
Three lock up garages plus an off-street triple carport for tenants
Outstanding location within easy walking distance to all amenities
Coolangatta CBD and Tweed Mall are less than a kilometre away
Minutes to child care centres, primary schools and Club Tweed
Continue to lease all units for healthy income or re-develop STCA
Complete rental appraisal and report available on request
