River View Home + Two Commercial Incomes | $66,000 plus Net to you - $2-2.1m
In 1959, the Main Barnett residence was transported to 27 Minjungbal Drive from literally over the road, where the existing pine trees and jetty are now situated and cherished by the Barnett family for decades.
The Art-Deco two-storey main residence reflects a time when homes were built with style & care, featuring ornate cornices, timber floors, extra high ceilings throughout, formal lounge plus three double bedrooms and bathroom. Underneath is an extra large garage, additonal utility bathroom, multiple rooms for workshops,hobbies and a studio - the choice is yours rent our or reside.
Estimated residential rent for Main residence residential is at least $1,000 per week. There is an extreme demand and low supply for rental properties in Tweed Heads South.
The Commercial Shops 1, 2 and 3
Shop 1/27 Minjungbal Drive THS – Hillview Rose Farm
# Florist and Gift Shop
# Rent Per Annum - $26,727.24 {Exclusive GST}
# Lease to 30.9.2027
# Electricity is separatly metered - The tenant pay their own electricity
# Current Tenure 2016 to date
Please note the cold room appearing on the site plan is not a fixture
Shop 2/27 Minjungbal Drive THS – Baking Pleasures
# Baking Pleasures- Cake and Baking Supplies
# Rent Per Annum $39,478.4 {Exclusive GST}
# Lease to 31/7/2028
# Electricity is separatly metered - The tenant pay their own electricity
Features:- Two air-conditioners on each side, security sensor lights
Shop 3/27 Minjungbal Drive – Vacant
Two large rooms each with two air-conditioning units plus a secure storage room. There is also another storage room between that’s serves as a buffer between Shops 2 and 3 and additional roller door/ The attached lock up garage with remote door and awning is currently connected to the main residence for electricity but may be able to be reconnected to the electricity sub-board for Shop 3.
Key Buyer Information:
# Main Residence Residential Vacant : $1,000 per week (estimated rent on a permanent basis)
# Two retail shops: - The Florist and Baking Pleasures Shops 1 and 2 - There are two bathrooms and and laundry facilities for Shops 1 and 2.
# Shop 3 - Additional secure storage/office includes garage: $800 - $1600 per month Estimated Potential income
# Outgoings: General Rates as at 31/8/2025 $4,438 p.a, water rates $44.51 as at 12/12/25 - Water Rates as at 22/3/24 $228.53
# Insurance $10,770 p.a.
# Zoning: R3 Medium Density Residential, 13.6m height limit
# Development Potential: Up to three dwellings (STCA); not at highest and best use
# Location: 3.2km to Coolangatta Beach, 6.7km to Gold Coast International Airport and 2.9km to Twin Towns Services Club, 3km to Tweed Mall and 2.6km to Tweed City Shopping
# Electronic Security Gate Entrance to the rear of the shops and main residence
# Shops 1 and 2 have 100% street frontage to Minjungbal Drives High Traffic Flow
The Barnett family have proudly owned & lived in this property for over 60 years & are now ready to pass the baton to its next custodian.
Inspect and offer today, so you do not find yourself saying, "I'd have paid that!"
