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.
- 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)
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.
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.