7-13 PEARL STREET, Tweed Heads
PREMIIER RESIDENTIAL DEVELOPMENT SITE
This scarce development opportunity is offered for sale to an astute developer seeking a premier residential site in Tweed Heads with beach and ocean views of Coolangatta. The site presents a total area of 2,814 square metres (approx.) across four (4) parcels of land with four (4) residential houses on short term lease agreements.
Located in Tweed Heads CBD precinct which allows for a height limit of 49.5m (approx.. 16 storeys) and a floor space ratio of 4.5:1, this site has had extensive discussions with Tweed Council including a Pre DA application in the course of 2015, which presented a Design
Concept for 139 apartments or more. The Tweed Council had been most supportive of the development of this site. The concept allows for 3 x studio, 4 x 1 bedroom, 88 x 2 bedroom, 37 x 3 bedroom and 7 x 4 bedroom apartments from 3 buildings over 8 levels.
Tweed Heads is renowned for its perfect sub-tropical weather and lifestyle. With a wide range of demographics, it has seen significant growth in recent years. With its world famous beaches and nightlife hot spots the Southern Gold Coast is a tourist Mecca and is loved by all the locals as one of the finest locations in Australia. Gold Coast International Airport is less than 5 minutes away and surrounding amenities include Twin Towns, Coolangatta Beach, Tweed Mall Shopping Center, Southern Cross University and Tweed Hospital.
Note: The Pre DA application (Design Concept) presented to Tweeds Council is a development project proposal. This site also lends itself to various other projects besides this design concept, subject to Council approval
This Site, in a premier and sought after location in Northern New South Wales and the Southern Gold Coast is for Sale by Negotiation.
A comprehensive Information Memorandum of the proposed development project with feasibility and projected sales and margins is
available to prospective developers/investors intending to carry out due diligence on this development opportunity.