Positioned with high exposure on the corner of this mixed use medical specialist complex, is this fully refurbished suite leased to well established Hair Salon "The Velvet Hair Lounge".The tenant has just exercised and renewed their 3 year option commencing 01/11/2024.INVESTMENT DETAIL:- New 3 year lease term. - Rental Commencing 01/11/2024 $21,100 per annum + GST- Outgoings: $4,186 per annum*.- Net rental return $16,914 per annum*. FEATURES:- 35sqm internal NLA plus small court yard- Corner positioned lot. - Located in medical specialist complex. - Well established tenant with excellent track record - Fully refurbished interior. PRICE:UNDER CONTRACTFor more information, contact exclusive selling agents Towers Francis Property.
The size of Tweed Heads is approximately 4.5 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Tweed Heads in 2011 was 7,525 people. By 2016 the population was 8,171 showing a population growth of 8.6% in the area during that time. The predominant age group in Tweed Heads is 60-69 years. Households in Tweed Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tweed Heads work in a professional occupation. In 2011, 57.5% of the homes in Tweed Heads were owner-occupied compared with 58.3% in 2016.
Tweed Heads has 6,883 properties. Over the last 5 years, Houses in Tweed Heads have seen a 86.81% increase in median value, while Units have seen a 75.43% increase. As at 30 September 2024:
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