OFF MARKET

12/20 Stuart Street
Tweed Heads NSW 2485

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 398m2
Land area: 798m2
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Property Details for 12/20 Stuart St, Tweed Heads

Building Type
Commercial
Year Built
2005
Floor Size
398m2
Land Size
798m2
Local Government
Tweed
Lot/Plan
12/SP80551

Last Listing description (November 2015)

Ray White Commercial, as exclusive agent Lots 10,11,12 of 18-20 Stuart Street Tweed Heads which is a tenanted investment
in the heart of the thriving Tweed Heads/Coolangatta CBD retail and tourism precinct.
The site is on the ground level of the prestigious Tweed Ultima hi -rise development which is located on Stuart street in

central Tweed Heads, only a short walk to Coolangatta and just 5 minutes drive to the Gold Coast Airport.
The subject property represents a prime opportunity for the astute investor to capitalise on this income producing
ground floor retail investment with long term leases to an accounting and financial planning company (owned by AMP)
who benefit from the strategic location in central Tweed Heads. The business, has a large
team of staff and occupies 398 sqm of purpose built office space including offices, kitchenette, boardroom and
breakout areas. It has been trading in the same location since April 2008. The company has leased the premises on a long term agreement with a net rental return to the landlord of $192,560pa plus gst.
Key Features :
- Strong, National long term tenant with proven track record
- Low maintenance building
- Long term lease agreement
- Prime location in the centre of Coolangatta/Tweed Heads CBD
- Positioned underneath one of the areas largest hi-rise developments
The site is for sale by formal offers to purchase closing Dec 15th 2015.
For more information contact Dru Morgan

Property History for 12/20 Stuart St, Tweed Heads, NSW 2485

A timeline of how this property has performed in the market
Last Sold
$2,000,000
07 Jul 2016
  • 07 Jul 2016
    Sold for $2,000,000
  • 05 Nov 2015
    Listed for Sale Formal Offers to Purchase. Closing Dec 15 2015
  • 21 Apr 2008
    Sold for $1,469,600

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About Tweed Heads 2485

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 6,875 properties. Over the last 5 years, Houses in Tweed Heads have seen a 80.46% increase in median value, while Units have seen a 79.51% increase. As at 30 November 2024:

  • The median value for Houses in Tweed Heads is $1,165,955 while the median value for Units is $824,798.
  • Houses have a median rent of $695 while Units have a median rent of $700.
There are currently 47 properties listed for sale, and 27 properties listed for rent in Tweed heads on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Tweed heads.

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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.