Positioned in the heart of Tweed Heads, this versatile investment opportunity offers not only strong rental returns but also exciting development potential in one of the region's most sought-after locations. Situated on a sprawling 1,012m² block with rear lane access via Stanley Lane, the property consists of two well-maintained duplex units-one offering two bedrooms, one bathroom, and the other three bedrooms, one bathroom. With a DA approval in place for six three-bedroom townhouses, this is a rare chance to capitalise on future growth while securing immediate rental income of $70,200 per annum.
Tweed Heads is a vibrant coastal hub, offering a laid-back lifestyle with excellent amenities, world-class beaches, and a thriving local economy. The region continues to experience high demand from homeowners, investors, and developers, making this property an outstanding opportunity. With easy access to major shopping precincts, dining hotspots, top-rated schools, and the Gold Coast Airport, this location is ideal for those looking to invest in a high-growth market. Whether you are looking to land bank, redevelop, or expand your portfolio, this property presents endless possibilities in one of the fastest-growing areas on the Tweed Coast.
Unit 1:
-Two generous sized bedrooms with built in wardrobes and ceiling fans
-Functional bathroom/laundry
-Carpeted living with reverse cycle air conditioning and access to covered patio
-Tidy kitchen with good storage and electric freestanding oven
-Covered patio
-Single lock up garage
-Fully fenced yard
-Currently tenanted until 25th August 2025 $600 per week
Unit 2:
-Three generous sized bedrooms with built in wardrobes and ceiling fans
-Light filled living room with ceiling fan and reverse cycle air conditioning
-Updated kitchen with breakfast bar, good storage and free standing electric oven
-Functional bathroom/laundry
-Separate dining
-Single lock up garage (positioned on Margaret Street) additional rear access via Stanley Lane offering additional car accommodation
-Covered entertainment area
-Currently tenanted until 19th May 2025 $750 per week (option to renew)
