Under Offer 15/03/2024
DEVELOPMENT OPPORTUNITY - DOUBLE BLOCK - HOLDING INCOME !!!
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11 Cox Drive, Tweed Heads South NSW 2486

SOLD - TOWERS FRANCIS PROPERTY

Commercial LandSize: n/a
Block size: 1726 m² approx.
This is a super rare opportunity to acquire a double block with two residential homes ripe for development (STCA).

The site features two street frontages and is zoned R3 Medium density residential in a superb location opposite Tweed River.

THE OFFERING:

- Total site area 1,726sqm.
- Site dimensions 19 meters x 90 meters (approx).
- Flat regular land parcel.
- R3 Medium density residential zoning under Tweed Shire LEP.
- FSR 2:1
- Height limit 13.6 meters.
- Rare infill development site.
- Holding income from two long term tenants $46,800 per annum.

IMPROVEMENTS:

SITE 1: 24 Dry Dock Road, Tweed Heads South

- 809sqm site area
- 4 Bedrooms
- 2 Bathrooms
- 1 Garage

SITE 2: 11 Cox Drive, Tweed Heads South

- 917sqm site area
- 3 Bedrooms
- 1 Bathroom
- 2 Garage

FOR SALE:

SOLD

MORE INFORMATION:

These sites are being sold in one line, the vendor will not consider offers to purchase for individual lots.

For complete information memorandum contact exclusive selling agents

Inspections

No open inspections scheduled.

Send an enquiry

Contact Craig Norrie to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Commercial Land
Block Size:
1726 *

Other Details

Lot:
28
Plan Type:
DP
Plan:
36570
Legal description:
28/36570
Towers Francis Property

Maps and area information

Block information
Block size: 1726 (approx)
Legal description: 28/36570
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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Tweed Heads South suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
53 years
Population
7,941
Listing ID: 181852948. This listing has been viewed 3 times. It was first displayed on 15/08/2023 and last updated on 15/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.