A rare parcel of vacant land in the heart of Tweed Heads with development potential. Perfectly positioned opposite the Recreation Street Reserve parklands and only a short walk to clubs, major shopping centre’s, the Tweed river and Coolangatta beaches.
An ideal opportunity to develop now as demand is high for new units in the area. Upper levels should capture eastern views across to the coast and Cook Island.
The property has a frontage to Recreation Street of approximately 20.12m2. The site is located within the R3 Medium Zoning, maximum building height of 34m and a floor space ratio of 3.25:1.
Preliminary planning advice suggest a development potential of 20 x 2 bedroom units, 12 x 3 bedroom units or a combination of both.