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7, 9, 11 & 13 Pearl Street TWEED HEADS NSW 2485

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Description

Exciting Development Opportunity in Tweed Heads – Ocean Views and Central Location

Sitting front and centre in the heart of Tweed Heads, 7-13 Pearl Street presents a fantastic and unique development opportunity. Taking advantage of both the NSW and Queensland markets, this prime location enjoys access to a thriving tourism ecosystem.

This development site, with a unique CBD Zoning allowing for a maximum 49.5m high single tower, with up to 15 storey’s. Be the first to explore unlimited development possibilities, allowing for multiple use options including;

• Residential apartments in varying multiples of 1/2/3/4 bedroom apartment configurations, including double story penthouses.
• Serviced Apartments
• Aged care facilities
• Over 55’s Living
• Commercial/ Retail/ Office spaces
• Combination uses of above

Sitting within the NSW border and just a 5-minute trip to the Gold Coast International Airport and the up and coming Coolangatta region, Tweed Heads offers fantastic beaches, fine dining and culinary delights, and some of the largest licensed clubs in all of Australia, owing to an exciting local nightlife.

7-13 Pearl Street prime location and unique assets present a multi-directional opportunity for capable developers. It consists of 2,814 square metres divided by four residential lots that are all currently leased, and currently has council-viewed preliminary drawings in play for 139 Residential apartments over one tower, with fifteen levels consisting of spectacular ocean views from ten floors.

For more information on this exciting development opportunity, contact McLaren Real Estate today.

Other features include:
• Land size – 2,814 square metres
(Lot 7: 620sqm, Lot 9: 677 sqm, Lot 11: 733sqm, Lot 13: 784sqm)
• Height limit 49.5m, zoned medium density
• Floor Space Ratio – 4.5:1
• Presents an opportunity for a range of different developments
• Five minutes to the Gold Coast Airport, Walking distance to Coolangatta and Kirra beach
• 4 Dwellings – all currently leased and returning over $10,000 per month in rental return, thereby earning great returns while the development application is completed.

Permitted on Zoning (subject to council approval):

* The owner has been to council and has preliminary drawings for 139 Residential apartments, across 15 levels with ocean views

Other opportunities on the site (zoned R3, medium density) include:
* Attached dwellings; Boarding houses;
* Centre-based child care facilities; Community facilities;
Group homes;
* Home industries; Kiosks; Multi dwelling housing; Neighbourhood shops; Oyster
aquaculture; Places of public worship; Respite day care centres; Roads; Seniors housing;
Tank-based aquaculture.

A SNAPSHOT OF TWEED HEADS HAS REVEALED!

INTENSE demand for real estate on the Tweed Coast has seen prices surge by 15 per cent in the past three months with scores of people now on waitlists to buy or rent.

Buyers from Byron Bay and Sydney are driving record inquiry in the region, with some newcomers paying a year’s rent upfront at over asking price just to get a foot in the door.

Local agent Nick Witheriff said his team had completed $43 million sales in the last 90 days to southern buyers

“We’re finding 80 per cent of buyers on the Tweed Coast are now coming from Byron Bay and Sydney,” he said.

“We’ve also noticed a 15 per cent increase in values in the last 90 days.”

A new beachfront record was set this month with the $3.91 million sale of 71 Cylinders Dr, Casuarina to a doctor needing to live within range of the new Tweed Valley Hospital.

To read the full article on Tweed Heads, click on the link below –
https:/?/?www.realestate.com.au/?news/?waitlist-to-buy-or-ren t-as-tweed-coast-prices-surge/?

To check out on more details of the current zoning for potential developments STCA:
Click the follow link: PLANNING PORTAL NSW:

https:/?/?www.service.nsw.gov.au/?transaction/?search-plann ing-information-about-property

The location:
* 1.2km to Coolangatta beach front
* 1km to famous Twin towns resort
* 3km to Gold Coast Airport
* Sweeping views of all rivers, inlets, Snapper Rocks & Surfers Paradise skyline

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Address

  • City: Tweed Heads
  • Post Code: 2485
  • Country: Australia

Detail

Updated on January 24, 2021 at 7:50 am

  • Property ID: R2-2583683
  • Land Area: 2814 sqft
  • Property Type: Land/Development
  • Property Status: Commercial Properties

Additional details

  • Land Size: 2814 m2

Contact info

Lee Friend
Lee Friend
(02) 4648 37770416 213 478

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