2/84-86 Industry DriveTweed Heads South NSW 2486
Property Details for 2/84-86 Industry Dr, Tweed Heads South
2/84-86 Industry Dr, Tweed Heads South is a 0 bedroom, 0 bathroom Unit. The property has a land size of 2809m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
This investment ticks all the boxes!
- Leased to A Grade tenant in medical industries and services.
- Modern high clearance tilt slab showroom warehouse.
- Located in tightly held commercial and industrial hub with no vacancy.
INVESTMENT DETAIL:
- Net return $43,260 per annum + GST
- 100% of outgoings paid by tenant.
- 3% fixed annual reviews.
- 3 + 3 + 3 year lease.
FEATURES:
- 277sqm NLA
- 4 designated parking spaces.
- Leased to proven trader operating in essential services industry.
- Excellent locality close to Tweed City Shopping Centre and M1 Motorway.
PRICE:
UNDER CONTRACT
MORE INFORMATION:
For full details and information memorandum contact exclusive selling agents Towers Francis Property.
Property History for 2/84-86 Industry Dr, Tweed Heads South, NSW 2486
- 16 Feb 2022Sold for $824,000
- 01 Feb 2022Listed for Sale UNDER CONTRACT - TOWERS FRANCIS PROPERTY
- 25 Jun 2015Sold for $470,000
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0About 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 5,510 properties. Over the last 5 years, Houses in Tweed Heads South have seen a 70.31% increase in median value, while Units have seen a 89.38% increase. As at 31 October 2024:
- The median value for Houses in Tweed Heads South is $941,424 while the median value for Units is $765,325.
- Houses have a median rent of $750 while Units have a median rent of $658.
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