The 6 individual commercial lots being offered for sale range in size from 48m²* – 73m²*. They are located within a mixed use strata titled building known as “Ace Plaza‟ in the main business district of Cabarita Beach.
Cabarita Beach is located within the Tweed Coast region of Northern New South Wales. The Region is a popular weekend and holiday destination with many of the local residents residing in the immediate area.
The recent opening of Woolworths Supermarket on Tweed Coast Road is approximately 150m* from Ace Plaza and serves as a catchment for potential customers and clientele.
| Sales Analysis* | |
| Combined Lettable Area: | 353m²* |
| Vendor: | Receivers & Managers |
| Sale Date: | 29th September 2014 |
| Enquiries: | 38 |
| Offers Received: | 8 |
| Sale Process* | |
| Process: | Offers to Purchase |
| Marketing Time Frame: | 10 weeks |
| Marketing Budget: | $14,450.00 |
| Sale Price: | $440,000 |
| Rate per square metre: | $1,246.45/m² |
*approx
The subject property underwent a valuation process, which resulted in setting the reserve price at $2,150,000. A well-executed marketing campaign and robust competition during the auction led to the property’s sale at an outstanding price of $4,300,000, which is double the reserve. The property, situated on Morayfield Road, serves as … Read more
Ray White as exclusive agent is pleased to offer for sale the freehold interest in 99 George Street, Beenleigh QLD…