Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
St Barths up for auction with “development opportunities” By Jo Kennett A COMMERCIAL Cabarita Beach property is being sold at auction in Sydney, with the seller’s agent highlighting the “substantial commercial and residential development opportunities” of the block. The St Barths property at Lot 34 Tweed Coast Road, is being sold by Sydney commercial property agents Cushman & Wakefield Australia, after being redeveloped to house three new businesses last year. Vendors Claire and Jeff Van de Graaf purchased the site of the former discount store and Cabarita’s favourite takeaway in the main street of the village
seven years ago, “predicting a boom for Cabarita Beach very early on much like Halcyon House did”. They renovated it into three separate shops and named the building St Barths. Nectar, Rita’s Burgers and The Adventure Club all opened their businesses in the building last year. The property will be sold at auction in Sydney on Thursday, April 29. It’s described by the agents on commercialrealestate.com. au as a, “Rare and strategic 673 sqm beachside landholding offering substantial commercial
AUCTION TIME! Lot 34 Tweed Coast Road is back on the market and buyers are expected to line up in Sydney
and residential development opportunities (STCA).” “Prominent location in Cabarita Beach positioned 170 metres to Australia’s Halcyon House and directly across from a Woolworths Supermarket. “Cabarita Beach ranked Australia’s best beach and ideal holiday destination located 50km to Byron Bay and 22km to the Gold Coast. “Significant tenant capital improvements with convenient on-site parking and retail exposure.”
According to the advertisement, the net income for the property is $134,100 per year plus GST, with fixed three per cent annual increases “and favourable B2 Local Centre zoning.” It is leased to 2024 with options to extend that to 2028, with the tenants paying all outgoings including land tax. The property is described as “offering exquisite ocean views along the Tweed Coast within the world renowned Northern NSW precinct.”
Open homes
Saturday, April 10
Friday, April 9
Heads/Murwillumbah:
Raine & Horne Ocean Shores/Brunswick Heads/Murwillumbah:
143 Shara Boulevard, Ocean Shores, 9am-10am 100 Hills Estate, Murwillumbah, 9am-11am
Panorama Estate, 2981 Kyogle Road, Kunghur, 9am11am
8 Mimosa Ave, Cabarita Beach, 10am-11am
Raine & Horne Ocean Shores/Brunswick
11 Regency Crescent, Goonellabah, 10.30am-11am
The auction will be held on Thursday, April 29, at 12pm, at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney. Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne. Anyone interested in bidding is asked to contact Michael Collins at Cushman & Wakefield.
751 Commissioners Creek Road, Commissioners Creek, 10.30am-12.30pm Panorama Estate, 2981 Kyogle Road, Kunghur, 12pm2pm
Raine & Horne Banora Point 46 Elsie Street, Banora Point, 10am-10.30am 13/6-8 Endeavour Parade, Tweed Heads, 12.30pm-1pm 248 Old Bogangar Road, Kings Forest, 2pm-2.30pm
36 36premium premiumlots lotsranging rangingin insize size from 451m2 --1284m2 1284m2 Elevated the Elevatedposition position captures captures the panoramicmountain mountain views views panoramic Near Near flat, flat, builder builder friendly friendly • 55minutes of town town minutes from from the the heart of
Register Your Interest Today Jason Di mar 0477 222 452
02 6672 4477 rh.com.au/murwillumbah
Raine&Hornee
Ocean Shores 02 6680 5000
C Castlefield Drive,Murwillumbah Murwillumbah Castlefield Drive, www.100hillsestate.com.au www.hundredhills.net.au/ 85376
Murwillumbah’s Premier Land Release
Northern Rlvera/T-d Group
Murwillumbah 02 6672 4477
02 6672 4477
02 6672 4477 rh.com.au/murwillumbah
rh.com.au/murwillumbah
& Coolangatta
Elders Elite Agents, Craig Dudgeon & Kristie Hoffman
0408 188 184
0427 328 764
Winners in the recently held Elders Awards!
elderstweedvalley.com.au 02 5602 2950
85991
& Coolangatta
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Working for you to get the premium price for your home, not just a Sold sticker on your sign. Caring, professional and detail oriented to ensure the best presentation for your property.
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TWO PENTHOUSES IN ONE – RAINBOW BAY DURANBAH BEACH 382m² Four large bedrooms, three bathrooms, powder and media room Master suite with walk-in robe, large ensuite and balcony Dual living spaces over three floors accessed by lift with two kitchens and Laundries Two secure car spaces with purpose built storage Ocean views from all six balconies, rooms designed to take in the views Short walk to beaches, boutique shopping and dining, 10 mins from gold coast airport
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JUSTIN SCHMITH 0422 051 505
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IN TOWN GRANDEUR Large master bedroom with ensuite, walk-in wardrobe and access to balcony Large open plan living/dining area, Quality timber flooring European electric oven, gas cooktop, integrated dishwasher & microwave Fully ducted air-conditioning, ceiling fans and LED Lighting Secure basement parking with lift facilities and storage & extensive visitor parking JUSTIN SCHMITH Access to two resort style pools, BBQ areas and quality gym facilities and Pet friendly 0422 051 505
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COOLANGATTA Shop 10/120 Marine Parade
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CONTACT US TODAY TO JOIN OUR EXCLUSIVE DATABASE FOR OFF-MARKET PROPERTIES
For Sale
5 minutes from Gold Coast’s best beaches 227/2 Falcon Way, Tweed Heads South Set within the renowned ‘Oasis’ Gated Community in Falcon Way is one of the last remaining blocks on the Tweed - You won’t find be er value that this! Plans are available on request or build your forever home! This elevated 851m2 parcel of land is located at the end of a quiet Cul-de-sac set amongst modern residences backing onto the peaceful bushland that surrounds the complex. Resort style complex facilities include two swimming pools, BBQ areas and well-maintained & manicured garden surrounds. Similar blocks in Terranora are selling for over $450k, What are you waiting for!
Sale $315,000 View By Appointment Agent Tate Brownlee 0401 176 633 tate.brownlee@banorapoint.rh.com.au
For Sale
Seize The Opportunity!
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46 Elsie Street, Banora Point Here presents an incredible entry level opportunity to secure a home in East Banora Point! Set on an elevated 758m2 block in a dead-end Street with leafy outlook and private yard - you are surrounded by nature. With recent modern improvements, this home enjoys a stunning front and side timber deck, sun-filled living with two generous living rooms, impressive kitchen, bathroom and three bedrooms. The backyard is fully fenced and tiered with a flat grassed area at the top. With great potential to add further value, seize the opportunity to enter the market place, purchase the ideal investment or is a great downsizer.
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Sale $679, 000 View Saturday 10th April at 10-10:30am Agent Tate Browlee 0401 176 633 tate.brownlee@banorapoint.rh.com.au
There has never been a be er time to sell! The market is changing and we have had to adapt and change with it. With our local knowledge, expert advice and tailored marketing strategy to suit your needs and budget, we work with you to get the best outcome. For all your real estate needs contact Tate and the experienced team at Raine & Horne Banora Point
Theres no place like home #tatebrownleeteam rh.com.au/banorapoint
85993
Jackson Springer Tate Brownlee 0466 117 388 0401 176 633
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