For Sale

35 Tweed Coast Road, Cabarita Beach, NSW 2488


RARE OPPORTUNITY IN THE HEART OF CABARITA BEACH

For the first time in over 30 years, seize this rare chance to acquire a prime multi-tenanted freehold asset centrally located in Cabarita Beach's bustling retail precinct.

Residential and Lifestyle Appeal:
• Nestled in a lifestyle Mecca renowned for its community charm
• Enjoy unobstructed ocean views down Palm Avenue just steps away from local shops and a short stroll to Cabarita's sandy beaches
• Ideal for long-term commercial holding with substantial returns from a mix of residential and business uses
• Opportunity to enhance with renovations or expansions, maximising coastal views and convenience
• Perfect for families looking to settle in a coastal paradise or as a secure retirement investment
• Zoned up to 4 stories (currently only 3 story configuration) with foundations and engineering ready to go up for another level
• Concept plans drawn available for proposed extension of current residence
• Features a spacious 9-car garage with ample storage and solid concrete footings

Investment Details:
• Boasting a net income of approximately $176,724 per annum
• Situated on a 577sqm site with dual street frontages, featuring 7 mixed allotments: 3 offices, 1 restaurant, and 3 residential units totalling 627sqm in lettable area

This property offers a unique blend of income potential and coastal lifestyle, making it an exceptional investment opportunity in one of Australia's most coveted seaside destinations.

Contact Schmith Estate Agents for more details

Property Info

Municipality
Cabarita Beach
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY