86 Hastings Road, Bogangar, NSW, 2488

COMMERCIAL FREEHOLD REDEVELOPMENT OPPORTUNITY

SOLD

Ray White Commercial GC South agents Greg Watson and Tara Imlach are proud to present to the market For Sale, this freehold commercial redevelopment opportunity.

446sqm* of land in the center of Cabarita Beach township only 250m* to the beachfront. Located on the rear boundary of the Woolworths Shopping Centre on the main strip with the possibility of a mixed use development (STCA) of up to 3 stories.

Properties like this don't come along everyday, our vendor is extremely motivated and has given very clear instructions to sell on or before Auction.

Development attributes:

• Site area: 446sqm*
• Zoned B2 'Local Centre' to allow for various development options
• Height (HOB) is N2 which permits for 13.6m
• Strategically positioned on the boundary of Woolworths Shopping Centre
• Offering a healthy sized commercial floor print in Cabarita CBD
• Strong growth area
• Exposure to regular passing traffic

Property features:

• Existing building offers 3 x commercial tenancies
• Current holding income
• Total building area: 182sqm*
• Rear parking
• External shared bathrooms
• Fully leased to a Laundry & Hair Dresser
• Short walk to cafes, main street and the beach

Currently occupied by a single level commercial property offering 3 retail tenancies 100% leased. These tenants are on a periodical occupancy allowing for development if required.

Bogangar/Cabarita Beach is located within the Tweed Coast region of Northern New South Wales, approximately 23 km* south of the New South Wales/Queensland Border. The Region is a popular weekend and holiday destination for interstate and intrastate visitors.

For all enquiries contact the exclusive marketing agents Greg Watson 0417 757 442 or Tara Imlach 0452 418 343.

Ray White Commercial GC South
Servicing the Southern Gold Coast
*approximately

Remember to mention you found this property on DevelopmentReady