Tweed Heads hottest location launches a unique product and arguably in one of the best positions and location of Greenbank Island. The property is currently being operated as a motel and is undoubtedly Tweeds leading motel and the only motel operation on the riverside of the main street leading into the Tweed CBD and Coolangatta. The location of this wonderful re-development opportunity is in the highly sought after Greenbank Island where large amounts of opportunities are well sought after from the development and for high end investor portfolios. The land has a double street frontage with a commanding position second to none on the market today, with its land size, fantastic redevelopment upside and powerful location to all amenities to compliment the fast growth of Tweed Heads City and Southern Gold Coast area. TRADING FIGURES UP 25% FROM OCTOBER and NOVEMBER PERIOD 2019 MOTEL PROPERTY FEATURES: * 15 Self Contained Units * 6 Motel Units * 1 x 4 bedroom family residence * Massive renovation * Existing commercial kitchen * Inground pool and BBQ facilities * Green footprint operations (low running costs) * Freehold Going Concern RE- DEVELOPMENT FEATURES: * Zoning - R3 Medium Density * Land - 1859sqs * FSR - 1.8:1 (3346m2) * Height - 22 Metres * Frontages - Frances Street - 36 Metres - Mcgregor Street - 36 Metres The property has undergone extensive renovation and has had outstanding growth in Turnover and net position as a motel operation, whilst also offering the opportunity for permanent and short term accommodation if desired. This ideal location is directly accross the road from the Tweed Heads Mall, harbouring major retailers of Woolworths, Coles, Aldi, Target, Rivers and all the modern specialty shops for complete convenience. The Tweed River, world class surfing and beach locations are in an easy stroll from the property with all the areas major entertainment venues just minutes away as well. For a full comprehensive information memorandum, with full town planning reports, income flows and rental models please call RBR Commercial, Craig Parsons 0433347209 or Email - craig@rbr.com.au DISCLAIMER The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.