Stonebridge National Investment Sales is pleased to present to the market, Carpets On The Move Tweed Heads, for sale via National Portfolio Auction on Wednesday 3 May at 11am.

The asset has the following key investment features:

– Secure 5 year net lease to 2026 + options to 2036 with fixed 3% annual rent increases

– Carpets On The Move – Established and successful local retailer in occupation for over 12 years

– Prime 845 sqm* site in the Northern Rivers’ premier retail and industrial precinct, home to a wide array of national tenants including Bunnings, ALDI, BCF, Harvey Norman, Autobarn, KFC, Hungry Jack’s, 7-Eleven, McDonald’s and Dan Murphy’s

– Well-appointed 329 sqm* retail showroom with prominent signage exposed to key arterial, Minjungbal Drive

– Ideal position just 400m* from the Pacific Motorway M1, carrying 67,690+* vehicles daily and minutes from world-famous beaches, Rainbow Bay and Snapper Rocks

– Highly trafficked location along Tweed Heads retail ‘Magic Mile’, only 150m* from Tweed City Shopping Centre, anchored by Coles, Woolworths, Big W & K-mart, welcoming over 5.5 million* visitors annually

– Tweed Heads – Dynamic NSW region with over $1 billion worth of significant infrastructure projects recently completed or underway and neighbouring Australia’s largest non-capital city, the Gold Coast, set to explode to 1.2 million residents by 2050

– Northern Rivers – Premier tourist destination home to world-famous beachfront towns such as Byron Bay, boasting an annual economic output of $34.9 billion+

– Net Lease – Tenant pays all outgoings including Land Tax, Insurance and Repairs & Maintenance

– Lease secured by 3 Month Bank Guarantee & Directors’ Personal Guarantees

– Net income $82,400* pa + GST

*Approximately

Carpets On The Move Tweed Heads is for sale via National Portfolio Auction to be held on Wednesday 3 May at 11am.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Our Ref: Large Format Retail, National Portfolio

Property Code: 637