Unique opportunity to acquire this prominent 582m2 elevated property, which includes an original laid back beach house, within walking distance to the surf & directly opposite Tugun village shopping.
In addition, your strategically placed asset has Council approval for a stylish (4) level multi-unit development, which comprises of 8 x 2 bedroom apartments.
- Generous living
- Large well-appointed kitchen
- Updated bathroom
- Lock up garage + work shop
Land size - 582m2
Description - Lot 5 RP 81325
Approval - DA approved units GCCC 24/6/2016
Market Rent - $475-$495 per week
Zoning - Medium Density Residential
Located on the junction of Teemangum St & Wade St, you will enjoy an easy stroll to a smorgasbord of trendy cafes & retail outlets at a moment's notice.
Major shopping can be found at The Pines Elanora or Coolangatta / Tweed which are less than (10) minutes from home.
For beach lovers & surfers, you can simply walk or ride a pushy down any beach side ally & worship the sun or rip into miles of peaky beach breaks, before or after work.
The Southern Cross Uni & Airport are within (5) minutes from home.
A character filled residence that has real earth & soul that would be a fine place to kick back after a day in the waves.
On the forward side of life, it is approved for (8) units & copies of the DA can be provided upon request.
Something for everyone here & likely to draw solid attention.