16 Recreation Street,
Tweed Heads

12
Beds
|
6
Baths
|
6
Cars

Never before offered for sale, this well-kept apartment complex of six separate 2 bedroom apartments offers endless opportunities for investors or developers. Directly opposite Recreation Park and just 3 mins to Coolangatta Beach, astute buyers will recognise the potential to add immense value to this property. Zoned medium density, there is the exciting prospect of future re-development STCA, while enjoying substantial rental income.

  • Level 910.5m2 block opposite Tweed's peaceful Recreation Park
  • Short 5 min cycle to Coolangatta's CBD or famed surfing beaches
  • Six comfortable 2 bedroom apartments with existing rental income
  • Solid and substantial brick building maintained in good condition
  • Three lock up garages plus an off-street triple carport for tenants
  • Outstanding location within easy walking distance to all amenities
  • Coolangatta CBD and Tweed Mall are less than a kilometre away
  • Minutes to child care centres, primary schools and Club Tweed
  • Continue to lease all units for healthy income or re-develop STCA
  • Complete rental appraisal and report available on request
City views

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16 Recreation Street
Price
$2,250,000
Property information
Land size approx. (sqm)
910
Council rates (pa)
5,438
Resources
Request Strata Report
Home loan calculator
Available documents
Rental Appraisal