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12 McGregor Crescent
tweed heads
NSW, 2485

SOLD

Sold for $1,420,000

listing rooms 6
listing bathrooms 2
listing parking 2
Land: 713 sqm

Duplex on Development Block

A rare opportunity presents itself with this two-level duplex positioned in the heart of Tweed Heads. The property is currently divided into two units (upper and lower) with long term tenants in place. Set on a 713m2 flat block the zoning is R3 medium density residential with a building height of 22m. Options abound to renovate the existing units, develop, or simply land bank.

Features of the property include:

•The floor plan for each unit is identical with three bedrooms and large living area
•Tidy kitchens
•Covered verandahs
•Each unit has a separate laundry adjoining the garage
•Separate lock-up garage plus massive carport
•Large rear yard

This property is in arguably one of the best central locations in Tweed Heads and only minutes walking distance to world-renowned beaches, Tweed Shopping Mall, popular restaurants and cafes, Twin Towns Services Club, and established amenities. Not often do properties with such potential and options come to the market.

Agents

Nearby Schools

About tweed heads

median house price

1200000

suburb growth

4.3%

median house rent

780

suburb rental yield

3.4%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

Floorplan 1

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