FOR SALE
Offers to Purchase

22 Machinery Drive
Tweed Heads South NSW 2486

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1262m2
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PRIME INVESTMENT OPPORTUNITY: Fully Leased Freehold Building with National Tenants

REAL Specialists Commercial are proud to be the exclusive marketing agents of this exceptional investment opportunity by way of Offers to Purchase closing 4pm Wednesday 26 June 2024.
22 Machinery Drive is a fully leased freehold building with a net lettable area of 1,262m2* on 3,411m2* land in a blue-chip location.
Investment Details:
- Net Income: $251,639
- Fully leased with secure tenants
- 1,262m2* net lettable area
- 3,411m2* land area
- Long term growth potential
- 27 Carparks onsite
- 60m2 street frontage along Greenway Drive
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Property Details for 22 Machinery Dr, Tweed Heads South

Building Type
Commercial
Floor Size
1262m2

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About Tweed Heads South 2486

The size of Tweed Heads South is approximately 11.5 square kilometres. It has 20 parks covering nearly 32.3% of total area. The population of Tweed Heads South in 2011 was 7,902 people. By 2016 the population was 7,640 showing a population decline of 3.3% in the area during that time. The predominant age group in Tweed Heads South is 60-69 years. Households in Tweed Heads South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads South work in a community and personal service occupation. In 2011, 62.4% of the homes in Tweed Heads South were owner-occupied compared with 60.5% in 2016.

Tweed Heads South has 5,523 properties. Over the last 5 years, Houses in Tweed Heads South have seen a 78.64% increase in median value, while Units have seen a 90.72% increase. As at 30 September 2024:

  • The median value for Houses in Tweed Heads South is $964,758 while the median value for Units is $767,474.
  • Houses have a median rent of $750 while Units have a median rent of $653.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Tweed heads south on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Tweed heads south.

Suburb Insights for Tweed Heads South 2486

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Darren Jones
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Rachael Hodge
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.