41-43 Wharf Street
Tweed Heads


Interest Over $795K

Property Features


Property ID: 3293512

Building Size
270 m2
Land Size
171.00 m2

TWEED CITY HUB - 1 freehold building & 2 incomes!


Terrific opportunity to acquire this prominent stand-alone freehold property comprising of 2 individual tenancies over 2 levels, generating a Net income of approximately $51,000 PA + GST.

GROUND LEVEL:

Commercial retail of approx. 150m2 / leased as Remedial Massage, comprising of reception, 7 consulting rooms, kitchen, bathroom & shower.

- Lease to June 2019 / plus 2 x 3 year options

UPPER LEVEL:

Professional offices / leased as Medical related government funded organisation, comprising 3 offices, boardroom, kitchen, bathroom & shower and rear terrace balcony

- Lease to Feb 2019 / plus 1 x 2 year option

DETAILS:

- Tenants pay outgoings including, rates, water, fire, insurance & maintenance in addition to their rent

LOCATION:

This iconic building is proudly positioned on the busy Wharf St of Tweed Heads CBD & is also directly opposite the Tweed Mall & Jack Evans Boat Harbour.

In addition, you are a casual walk into Coolangatta & Rainbow Bay.

AGENTS' COMMENTS:

Attractive property that would sit nicely within any property portfolio, either personal or super fund.

If you are looking for a steady & passive return, in a high growth area, then this unique property is an astute choice.