112-114 Riverside Drive
Tumbulgum


Buyer Range $650k - $700k

6
1
3

Property Features


Council Rates
$3057 per year
Land Size
980.00 m2

RIVERFRONT - commercial garage & residence'


One of the rarest opportunities in the popular riverside town of Tumbulgum on the Tweed Coast has hit the market.
 
This outstanding parcel of land (with large shed / workshop plus rear 4 bedroom residence) overlooks the Pristine Tweed River system has a broad range of opportunities for enhancement  or redevelopment for a mix of both residential and commercial uses.
 
Tumbulgum is an Historic town which has a heavy tourist trade all year round adding extra support to the sites long term potential.

DETAILS:

- Lot 3 / DP 1223
- Prime 980m2 allotment with 20m2 frontage
- Front original work shop boasting 517m2 under roof & with massive exposure
- Rear 4 bedroom Queenslander residence in good condition
- Market rent for house is assessed @ $350 per week, shed (as is) $500 per week = total rent (as is) in the vicinity of $850 - $1,000 per week

LOCATION: 

The tranquil village of Tumbulgum is just a casual 10/15 minute drive South of Tweed Heads/Coolangatta or 10 minutes North of Murwillumbah.
 
Tumbulgum is anchored by the Historical Tavern & complimented by (3) cafe's, general store & gallery.
 
In addition , the village has its own Primary School, Tennis courts , Town Hall & boat ramp/jetty which is a mere 50m from your front driveway.
 
The site has direct route to the pacific highway and only 10 minutes to the City of Tweed Heads and Coolangatta / Gold Coast.
 
The Coolangatta Airport and Southern Cross University is within 15 minutes.
  
AGENTS COMMENTS:

Outstanding & endless opportunities for a multitude of uses such as:
- Marine / Mechanical / Commercial & retail shops /Residential combination - Motel site - cafes - licensed bar - Bed and Breakfast (BACKPACKERS). S.T.C.A.
 
Motivated seller with clear instructions to sell & has reduced the list price by $100k to obtain a prompt sale.

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