PROPERTY ID: ML-2397

7-13 Pearl Street, TWEED HEADS, NSW 2485, AUSTRALIA

For Developers & Investors seeking excellent sites in a high growth area.

A Quality Development Site on the NSW/QLD Border

Development Site Zoned R3 Medium Density Residential FSR 4.5:1 and Height Limit 49.5 metres

LAND SIZE: 2,814 sqm.

PROPOSAL: 139 Residential Apartments  over 8 Levels with OCEAN Views.

COMPOSITION:  3 x Studios, 4 x 1 bedroom, 88 x 2 bedroom, 37 x 3 bedroom and 7 x 4 bedroom

This development opportunity on NSW/QLD border comprising of 139 apartments or more. The Tweed Council is highly in favour of development for the site offering a bonus 10-14% for the winner of a design competition in accordance with the new Tweed City Centre LEP and Design Excellence Guidelines. The current concept allows for 3 x studio, 4 x 1 bedroom, 88 x 2 bedroom, 37 x 3 bedroom and 7 x 4 bedroom apartments from 3 buildings over 8 levels. The location: With its world famous beaches and nightlife hot spots the Southern Gold Coast is a tourist Mecca and is loved by all the locals as one of the finest locations in Australia. Gold Coast International Airport is less than 5 minutes away and all of your shopping centres and restaurants are close by. The site lends itself to various projects and all enquiries should be directed to the Agent. A comprehensive Information Memorandum of the proposed development project is available for developers/investors intending to carry out due diligence/feasibility on this development.

Price Guide: A$5.0 to A$5.2 million (Negotiable subject to terms & conditions of sale)

INFORMATION LINKS:  1. Tweed Heads Property Market  2. Domain: Suburb Profile Tweed Heads

FOR MORE INFORMATION OR TO RECEIVE A COPY OF INFORMATION MEMORANDUM (IM) PLEASE COMPLETE THE “EXPRESSION OF INTEREST” FORM PROVIDED.