52 Dry Dock Road, TWEED HEADS SOUTH

Riverside land and cottage. A great start, investment or future development!

$520,000
18946428
Beds: 2 Baths: 1 Car Park: 1
This property is currently not available.

Conveniently located in a tightly held location two doors from a popular local cafe and directly opposite the Tweed River.
Have confidence in a secure long-term investment with future development potential in an emerging capital growth area or build your dream home with third storey views over the river to Coolangatta. A fun quaint property with lots of space or leafy waterside low-cost project, the possibilities are endless.

* Two good sized bedrooms with well-presented bathroom and kitchen
* Single garage with side access and plenty of off street parking
* Fully fenced rear yard with garden shed
* North facing Flat 651m2 block Zoned R3 Medium Density Residential
* Current rental amount $410pw, long-term tenant currently paying below market
* Walk to local parks, primary and high school
* 5 minute drive to Shopping centres, Coolangatta beaches and Gold Coast Airport
* A perfect property for a first home buyer trying to break into the market or a long term investor with a plan on doing a development.
* Opportunity to also purchase neighbouring 35 Lloyd Street for a combined land size of 1,207m2 in a fantastic location.
* Current combined rental income of both lots: $950 approx. + per week.
* Long term hold with possible amalgamation of two neighbouring block with a commercial aspect for a total 2,472m2!


Land Area: 651m2

PROPERTY TOOLS

52 Dry Dock Road, TWEED HEADS SOUTH

Riverside land and cottage. A great start, investment or future development!

This property is currently not available.

MEET THE AGENT

VIEW PROFILE
Justin Schmith
Justin Schmith Selling Principal & Director

Enquire about this Property