A high profile 5.15 hectare site at Tweed Heads West, previously approved for a Masters Home Improvement store is up for sale. The iconic site has been owned and occupied by Tweed Heads business partners John Nosworthy and Glen Dawney and features an iconic 26 metre high Drive inn theater sign.
James Crawford and Darrell Irwin of Colliers International are marketing the site at 1 Wollemi Place via an offers to purchase campaign on behalf of Boyds Bay Group, a respected landscape construction company based in Tweed Heads. The campaign closes 17 March.
Mr Crawford said the DA approved site has holding income of $200,000pa, exposure to M1 Pacific Motorway, offers easy access to the Gold Coast Highway and is adjacent to the Gold Coast Airport . “The land was under contract for a Masters bulky goods development until 2015 which subsequently did not go ahead. The site has now been placed on market.”
According to Mr Irwin, there is currently a very limited supply of multi hectare sites such as these between Burleigh and Tweed Heads. “This is a great development opportunity, subject to council approval, for a number of uses including: bulky goods, child care, garden centres, hardware and building supplies, hotel or motel accommodation, neighbourhood shops, offices and warehouse or distribution centres.”
As recently reported, the government has just approved the $300 million redevelopment plan for the Gold Coast Airport which will include two new wide-bodied aircraft stands and a three-level terminal development, with four aerobridges and improved ground transport facilities.
Subsequent stages of the project are scheduled to be completed in late 2018 and late 2020 and include further enhancements to the existing terminal building and an additional three wide-bodied aircraft parking stands.