DEVELOPMENT POTENTIAL WITH IMMEDIATE CASH FLOW

Positioned in the central hub of Tweed Heads, this prime investment is not to be dismissed.
With potential galore and immediate cash flow opportunity – plus future development potential.
Huge two storey house already divided into 4×2 bedroom flats (current use – subject to council approval), communal laundry plus huge 7×5.8m utility room at rear. Flat fenced 592m2 block, off street covered parking.
Flat walk to all Tweed Heads facilities including, shopping centres, clubs, schools, hospitals and river walks. Coolangatta beaches and restaurants only minutes away.
Projected rental income potential $1,000 pw with scope to increase.
A rare opportunity to secure an investment property in a sort after location.

COUNCIL ZONING = R3 (MEDIUM DENSITY)