SOLD - Cabarita Beach (NSW) - Northern NSW Tourism Mecca

Cushman & Wakefield is pleased to present to the market 34 Tweed Coast Road, Cabarita Beach for Sale via Auction.

The property has the following key characteristics:

• Leased to 2024 + options to 2027
• Cabarita Beach Ranked Australia’s best beach and ideal holiday destination located 50km to Byron Bay and 22km to the Gold Coast
• Multi-tenanted beachside investment occupied by Nectar Juice Bar, Ritas Burgers & The Adventure Club
• Favourable B2 Local Centre zoning
• Significant tenant capital improvements with convenient on-site parking and retail exposure
• Rare and strategic 673 sqm beachside landholding offering substantial commercial and residential development opportunities (STCA). Scheme designed for 6 luxury apartments, offices & retail
• Prominent location in Cabarita Beach positioned 170 metres to Australia’s Halcyon House and directly across from a Woolworths Supermarket
• Offering exquisite ocean views along the Tweed Coast within the world renowned Northern NSW precinct
• Tenants pay all Outgoings including Land Tax and Management Fees
• Fixed 3% annual increases
• Net Income $134,100 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.

Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.