Superb opportunity to acquire this landmark site, comprising a mix of commercial & residential tenancies earning over $103,000 of gross rental, aloft a prime 675m2 ocean side allotment, which is cherry ripe for future re-development options.

ESSENTIAL DETAILS :

- 3 x Commercial Shops
- 3 x Residential Units
- 675m2 / 17m frontage
- Lot 3 RP67779
- Centre Zone / height to 3 levels – up to 16m
- Prime holding with substantial income (gross income approximately $103,000)

LOCATION :

Positioned on the thriving & vibrant thoroughfare within Tugun Village, this property is overwhelmed with exposure & an abundance of pedestrian passing trade.

You will enjoy being just around the corner to revel in miles of uncrowded beach, surf breaks & the highly acclaimed Tugun Surf Club.

The Gold Coast Airport & Southern Cross University is a few km’s South as too Kirra & pure Coolangatta Gold – access to the M1 is virtually across the highway.

AGENTS COMMENTS :

Property of this calibre & position are tightly held & highly desired given the passing income & development options.

Excellent tenancies in place & scope to increase return through refurbishment of flats.

Price By negotiation.

For further information please contact David Stringer, DJ Stringer Property Services