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Overview
This prime development site at 22 Boyd Street in Tweed Heads offers an exceptional opportunity for investors and developers seeking a significant project in a vibrant and accessible location. Spanning approximately 1,027 square metres, the site comprises four individual lots that include two residential dwellings alongside two converted commercial units. Together, these generate a notable net holding income of $170,000 annually, providing an attractive immediate return while envisioning future redevelopment.
Positioned in the heart of Tweed Heads, the property benefits from proximity to essential amenities and key attractions. Within walking distance are the bustling Tweed Centro Shopping Mall and the scenic Tweed River waterfront, offering both retail convenience and lifestyle appeal. The location also provides easy access to the Twin Towns Services Club, Coolangatta CBD, local schools, Tweed Hospital, and renowned beaches, adding layers of convenience and desirability.
Tweed Heads stands out as a growth area with strong demand across residential and commercial sectors, underpinned by its strategic geographical position, robust economic outlook, and well-developed community infrastructure. Accessibility to major transport links such as the Pacific Motorway and Gold Coast International Airport enhances its appeal for residents, visitors, and businesses alike.
This land parcel is ideal for a variety of development possibilities, appealing to developers planning mixed-use projects or investors looking to capitalize on a substantial holding with sustained income. The four lots are being offered together via Expressions of Interest, inviting discerning buyers to engage in this significant investment or development venture.
Local Market Insights
In Gold Coast, Quiet Listings observed 20 new parcels of land entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $3,157,450. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (19%), and townhouses (9%). The most active agency for land in the Gold Coast area is currently Ivy Realty, representing 30% of new listings, followed by Ray White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| EOI | |
| EOI: OFFERS OVER $3.6M |
Location
Market Insights for Tweed Heads NSW 2485
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