Commercial real estate is booming
By Jo KennettTHE COMMERCIAL real estate market in the Tweed Heads and Coolangatta area is going from strength to strength, with a lot of interest from big retailers and the urgent need for more housing is attracting residential development investors.
Senior Commercial Broker at DJ Stringer, Peter Antony, told The Weekly Real Estate that Tweed and Cooly provide some of the best commercial real estate investment.
“It is the most northerly town of NSW and sits next to the Queensland border, exposed to miles of golden beaches while sitting in the heart of the green cauldron, a rim of mountain ranges and lush rainforest snaked
by the Northern Rivers,” Peter said.
“The best commercial opportunities that are currently being sought at the moment are in regional townships like Tweed Heads where there are both large national commercial businesses and smaller service providers being established to support our growing population.
“In addition, these regional businesses often have more cash coming in than going out, establishing a sustainable longterm growth opportunity for investors.”
Peter said the regional NSW suburb is forecasted to continue growing, with strong outcomes set for the year.
“With the implementation of permanent remote working and attitudes from the pandemic, regional markets are competing more with capital cities than ever before and in turn have caught the attention of investors,” he said.
“With the proposed Tweed Mall redevelopment, brand new international airport at our door, and the new hospital in Cudgen soon to be completed, motorway upgrades and the expansion of
the light rail to incorporate Tweed Heads, our Tweed region is being seen as an exciting growth opportunity to invest.
“Commercial property sales I have brokered range from $6.6 million secured by a national retailer, through to $290,000 for mum and dad investors.”
Peter said that he achieved a sale price 50 per cent above what other agents had suggested for the $6.6 million commercial property.
“We created a strategy to present it and market it to national retailers,” he said.
“They have a scale that makes renting prohibitive and we had three retailers at the last and best round.
“It just shows the strength of the Tweed region that the national retailers want to come here. A few years ago the Tweed wasn’t on their radar.”
Peter also just sold a commercial block in Wharf Street with a pre-existing DA approval for a three-level medical centre and a separate DA for a five-level office building.
“It was purchased by a Melbourne developer that has
relocated to our area and he ignored the existing approvals and is now seeking approval for a build-to-rent one, two and three bedroom apartments above a commercial property,” he said.
“It would be commercial on the ground floor with residential above and he will start the whole process again just citing the demand in the area because of population growth.”
Peter is also marketing a “new age” boarding house with big returns forecast.
“The Boyd Street site has DA approval for a new age boarding house and once it’s built it has
a potential income of between $800,000 and $900,000 a year,” he said.
“It has 35 self-contained studio units which will be popular for hospital workers, students, interns etc.
“We’ve had a lot of interest already. That whole area around Wharf Street is going to change hugely over the next few years.
“It has beautiful beaches, the river and the harbour all within walking distance. We have it on the market for $3 million.
“We are really in need of housing and people see the Tweed as an area to invest in.”
FOR SALE
5 bed 2 bath 4 car
1,180m2
4 Woodfull Crescent Pottsville $1,500,000 - $1,600,000
Step inside this architectural masterpiece and be captivated by the clever design that makes this home truly special. The highlight is undoubtedly the home’s ability to fully open out to dual alfresco entertainment areas through glass sliding Bi-Fold doors, allowing for a seamless indoor-outdoor lifestyle. Bask in the warm sunlight and refreshing sea breezes.
AUCTION
4 Bed 3 Bath 2 Car 727m2
6 Elouera Terrace, Bray Park
Welcome to a one-of-a-kind home in its picturesque setting with awe-inspiring views of Mount Wollumbin and the tranquil Tweed River. This residence perfectly blends modern luxury and classic charm, on a unique and beautifully crafted parcel of land, making it a truly exceptional property. The spectacular high views allow you to enjoy the beauty of nature from the comfort of your own home. Marvel at the majestic Mount Wollumbin and be captivated by the serene waters of the Tweed River, as they create a stunning backdrop to your everyday life.
FOR SALE
4 Bed 3 Bath 4 Car 4207m2
17 Elvadale Place, Nunderi $1,475,000
Entertaining will be a delight in this home. The sunroom seamlessly connects to a large patio area, adorned with enchanting gardens and a brick fireplace. Whether you’re enjoying the warmth of a summer evening or the cosiness of winter nights, this space provides the perfect backdrop for gathering with family and friends. With rear yard street access and a dedicated pad for your caravan, boat, or extra vehicles, this property offers the ultimate convenience for those seeking adventure.
FOR SALE
3 Bed 3 Bath 2 Car 1304 m2
25 Stokers Rd, Stokers Siding
Filled with character and charm, beautiful polished timber flooring, wood burning fireplace, an abundance of windows and thoughtfully hand crafted hardwood accents, welcomes you. Morning light spills into the central kitchen which includes subway tile splashback, tallow wood island bench and gas cooking. An expansive master bedroom enjoys lush views out to an inviting inground pool and direct access to the covered timber deck.
Australia Meets Mediterranean
Award winning style and exquisite local craftsmanship combine to bring excellence in rural living and privacy with just a touch of Mediterranean flair. Through the solar powered front gate, across the bridge over the creek where the waterlilies bloom, up the circular driveway and under the Porte Cochere to the front door - you know this is an outstanding five acre property and a home which is going to surprise and delight at every turn.
Spacious living is assured with 5 double bedrooms, 3 bathrooms, multiple living areas, numerous lush, shady terraces and an enormous covered entertaining deck overlooking a private swimming pool; all of it under the calm and steady gaze of Mt Warning.
Apart from presenting an opportunity to live the country lifestyle, this property lends itself to sharing. Whether it be the perfect site to exchange wedding vows under the rose-covered, Travertine tiled pergola, or to host formal or informal parties or conventions, this property has it all - beautiful aspects to suit any occasion or season.
Contact Bernice for extra details
30 Minutes to New Tweed Valley Hospital
10 Minutes to Town Centre
30 Mins Gold Coast Airport
40 Mins Byron Bay
20 Mins Cabarita Beach
TWEED COOLANGATTA REAL ESTATE
Openhome 11:-11:30am15July
5 Birkdale Court, Banora Point NSW
THE PERFECT FAMILY ENTERTAINER
Posi�oned in a quiet cul-de-sac loca�on, this single level contemporary home boasts a vast floor plan with very spacious living areas and perfect for large family living and entertaining. Located within a short walk to schools, shops, clubs, and transport. Only a short drive to Gold Coast airport, Tweed River, beaches, and some of the best restaurants on the coast.
Featuring:
• A formal lounge/dining room plus two other indoor living areas.
• Covered pool with a durable & decora�ve non slip heat resistant finish called “rubber stone”.
• Kitchen with an electric oven; gas cooktop & flued range hood.
• Huge master suite with walk-in robe & spa bath.
• All other bedrooms are generous in size with built-ins & ceiling fans.
Thinking Real Estate. Think TCR.
54/5-7 Soorley Street, Tweed Heads South
EXCEPTIONAL VILLA IN THE CLUB HOUSE
Located in “The Club House” conveniently close to all facili�es.
Easy walk to shopping centre; direct pathway access to Coolanga�a & TweedHeads Golf Club.
Features:
• 3 generous sized bedrooms all with Built-ins
• Spacious combined family and lounge with separate dining
• Kitchen equipped with dishwasher, hot places and oven
• Bathroom with bath, separate shower and toilet
• Generous fenced and gated rear and side yard including garden/storage shed
• Clubhouse features pool, BBQ facili�es and visitor parking
Price Guide $650,000 - $690,000
Michael Smith 0413 454 350 michael.smith@tcre.net.au
Price Guide: $1,175,000 - $1,250,000
• Air-condi�oned living area.
• Solar power - 24 panels & solar hot water system.
• Easy care low maintenance lawns & gardens set on 817m2 level block.
• Double auto lock up garage, access for van or boat.
OPEN HOME Saturday 11:00-11:30am 15 July
Michael Smith 0413 454 350 michael.smith@tcre.net.au
205/38 Enid Street, Tweed Heads
AS NEW IN TOWN APARTMENT
Open-plan modern living located in a prime loca�on; just a short walk from the Tweed River, local shops, cafes, and restaurants
Features:
• Two comfortable bedrooms, main with walk in robe & ensuite
• Second bedroom offers balcony access and large built-in robe
• Spacious open-plan living area
• Modern kitchen features gas cooktop, stone bench tops & walk in pantry
• Property fi�ed with air condi�oning and fans
• Complex features li� access, inground pool and BBQ area
• Secure parking for one vehicle
Price $800.000
Kaeren Smith 0412 454 150 kaeren.smith@tcre.net.au
36 Machinery Drive, Tweed Heads South
PRIME COMMERCIAL PROPERTY - ONE TITLE
Freehold property located in the heart of Tweed Heads �ghtly held industrial / commercial precinct
Being offered to the market for the first �me in 20 years
Factories 1, 2 and 3 are currently vacant, and Factory 4 has a tennant in place un�l 30/9 2023 with op�on to renew
An opportunity for investors or owner occupiers looking to set up their business with income already in place
Zoning: B5 business development
Price information: Expression of interest
Property information: Total block size: 2617 sqm
Price: $3,550,000
Site dimensions: 30.33m/79.83m/92.71m/32.95m including 36 car spaces
total floor area 1158 sqm
Block construction - new colourbond roof replaced approximately 6 years ago
Current configuration: refer to floor plan – www.tcre.net.au
Factory 1-3 488 sqm - vacant
Factory 2 160 sqm - property is currently vacant
Factory 4 498 sqm - tenant in place 30/9/2023 with option to renew
Machinery Drive - offers easy access to M1 Motorway, Tweed shopping centres, Coolangatta International Airport.
Tweed Heads South is one of the most sought after locations in the Tweed shire and rarely do freehold properties this size and location become available.
SCENIC LIVING - rare duplex pair / buy one or buy both!
1&2/6 Alva Street Tweed Heads
Perched high on one of Tweed's most commanding vantage points, this exceptional duplex pair offers a unique opportunity for buyers seeking their dream home or a lucrative investment.
With the flexibility to purchase one or both of these residences, prepare to be captivated by the breathtaking views that span across the renowned Endless Summer waterways, the Hinterland Ranges and Mt Warning. The sunsets are also simply stunning!
KEY FEATURES:
Duplex 1 (Right Side)
• Upper Level:
• Wrap around deck with 270 degree views spanning from Coolangatta to Mt Warning and the Tweed -River
• Hardwood timber flooring
• Air-conditioned open plan living
• Modern kitchen w/ stone benchtops
• Overly generous master bedroom w/built-in robes
• Two-way bathroom accessible from the master bedroom
• Internal Laundry
Lower Level:
• Main entrance/foyer
• Tiled 2nd Bedroom w/ spacious ensuite
• Automatic lock up garage (9m long) w/ internal access
• Parking for additional vehicle at top of landing
Duplex 2 (Left Side)
• Upper Level:
• Front and side decks with views spanning over Endless Summer to Mt Warning
• Timber flooring
• Functional kitchen w/ gas cooktop
• Master bedroom w/ built in robe
bath bed
car
• 2nd bedroom w/ built in robe
• Main bathroom w/ separate toilet
• Internal Laundry
• Covered pergola at side of property
Lower Level:
• Automatic single lock up garage and parking for additional vehicle at top of landing
• Huge workshop area within garage and plenty of storage space
For Sale By Negotiation
Open Inspection by Appointment
David Stringer 0418 150 731
david@djstringer.com.au
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