This prime positioned site is ripe for development.

It has central location, potential for magnificent ocean & river views and is walking distance to amenities of Coolangatta and Tweed Heads.

For genuine sale owner considering all reasonable offers.

FEATURES:
- Currently operating as popular motel with net holding income of $260,000 p.a

DEVELOPMENT & ZONING:
- Prime opportunity for multi unit residential high rise.
- FSR = 1.8:1
- Height = 22 meters
- Zoning: R3 Medium density residential under Tweed City Centre LEP 2012.
- Attractive Development site (potential for water views of ocean & river)

LOCATION:
- Prime positioned opposite Tweed Heads Centro Shopping Centre.
- Easy level walking distance to Tweed River, Coolangatta Beach & Twin Towns Services Club.
- Close proximity to public transport, Tweed Heads hospital, Southern Cross university & Coolangatta Airport.

SALE:
Genuine owner selling for retirement OFFERS AROUND $3,300,000

Full information memorandum available at request.