TWEED HEADS NSW - DA Residential Development Site - $5.9M - 34% Contracoin

TWEED HEADS NSW - DA Residential Development Site - $5.9M - 34% Contracoin

DA Approved Coastal Development Site

This vacant, DA approved development site presents an enticing prospect. Situated in the coastal region of Northern NSW, bordering the Gold Coast Beaches and South East Queensland boasts fantastic connectivity. Its proximity to major urban centres like Gold Coast and Brisbane adds to its allure, offering residents a balance between tranquil coastal living and urban convenience.

The area offers an enviable lifestyle with a range of recreational activities such as surfing, swimming, and beachcombing. Its laid-back atmosphere appeals to residents seeking a relaxed coastal lifestyle, making it particularly attractive to families, retirees, and those looking for a holiday home. The Northern Rivers region and Gold Coast region a strong and growing economy driven by tourism. The region's popularity as a tourist destination ensures steady demand for off-the-plan sales or rentals offering an additional income stream for investors.

Tweed Heads is a coastal city located at the mouth of the Tweed River and on the border of NSW / Qld. It is 830Km from Sydney and 103Km south of Brisbane and is adjacent to its “twin town” Coolangatta, which is a suburb of the Gold Coast.

This property has the following features:

• 2,024m2* of vacant residential land (over two titles)
• R3 Medium Density Residential
• DA Approval for nine-storey residential flat building
• & three-levels of basement car parking
• Development consent granted for 53 apartments
• 4,762.90m2* of approved residential floor area
• 9 x one bedroom units
• 28 x two bedroom units
• 16 x three bedroom units

This DA approved residential development site is priced at $5.9M - $3,894,000 Cash + $2,006,000 Contracoin (34%)