A freehold commercial redevelopment opportunity in the centre of the Cabarita Beach township in northeastern NSW is set to be auctioned through Ray White Commercial GC South.
A freehold commercial redevelopment site in the heart of the picturesque Tweed Coast region will be auctioned next month through Ray White Commercial GC South.
Situated at the centre of the Cabarita Beach township at the rear boundary of the Woolworths Shopping Centre, the property comes with the potential to house a mixed-use development (STCA) of up to three stories.
Ray White Commercial GC South agent Greg Watson, who is marketing the property alongside Tara Imlach, said it was an opportunity "that didn't come along every day".
At a glance:
"Our vendor is extremely motivated and has given very clear instructions to sell," he said.
Comprising a land area of about 446 square metres, the site at 86 Hastings Road is zoned B2 'Local Centre' to allow for various development options and has a height of N2, which permits for 13.6 metres.
The address is currently occupied by a single-level commercial property offering with three leased retail tenancies. The tenants are on a periodical occupancy allowing for development if required.
Features include a building area of about 182 square metres, rear parking, external shared bathrooms, and exposure to regular passing traffic.
There is also proximity to cafes, the main street and the beach.
Bogangar/Cabarita Beach is located within the Tweed Coast region of Northern New South Wales, approximately 23 km south of the New South Wales/Queensland border.
The region is a popular weekend and holiday destination for interstate and intrastate visitors.
This property will be sold at auction on November 7 at 6.30pm EDST in-room at the Currumbin RSL.
For more information, email or phone exclusive marketing agents Greg Watson and Tara Imlach via the details below.
Click here to view the listing
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