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Property Details

Price
$560,000
Address
10 and 11/133 Wharf Street
Suburb
TWEED HEADS
State
NSW
Postcode
2485
Car spaces
2
Building area
80
Listing reference
commercial11241

About this property

When calling, please use enquiry code 511241

Affordable SMSF Investment or Owner Occupier opportunity not to be missed. The flexibility of this investment makes it truly unique and would suit anyone wanting to invest in their future under the new budgetary constraints recently announced. Commercial investment property could well explode given the higher than residential yields and new SMSF borrowing restrictions which will focus investment on affordable commercial property. Rent part and occupy part with mortgage repayments below the cost to rent.
This is a rare and genuine opportunity to invest in your future. This strata titled office is on 2 titles in “The Professional Centre” 133 Wharf Street Tweed Heads and allows you to occupy part with a tenant paying you rent on a small personal office that forms part of the holding or rent part and occupy part with mortgage repayments below the cost to rent., it’s truly flexible and with a tenant in place for part of the office space it is being sold as a going concern, which means there is no GST to be paid on top of the purchase price*. So, you pay no GST and have income from day one, then decide to either occupy the balance of the area yourself and grow your business while paying off a strong asset with mortgage payments being less than paying the rent, all of which is tax deductible or rent it out, as you see fit.
Centrally located opposite the Tweed Shire Council building, the Bowls Club and Tweed Marina with high exposure to Wharf Street. Situated on the first floor with other successful tenants this is an ideal office for sole professionals or start-ups needing a professional office that is affordable and not locked into a long-term lease. This office has undergone a complete refurbishment and presents as new with new LED lights throughout for lower electricity consumption, new carpet and a refreshing paint throughout. There is also a full-size kitchenette with a brand-new refrigerator and a dishwasher to help with the end of day clean up. With NBN fibre to the premises, you will be connected to the NBN with fast and high-capacity internet.
Tweed Heads has experienced a 9% population growth over the past 12 months so demand for this affordable property is strong. Commercial leasing in the area is tight with very little on offer that is affordable and presents as new.
So, make contact today to discuss your needs and arrange an inspection.

* Depending on your own circumstances we urge you to check the application of GST to a going concern.

When calling, please use enquiry code 511241

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