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98 - 100 Blundell Boulevard, Tweed Heads South |
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Nature of Property
The property is a substantial single level office building with 86 on-site car parks. The building is rectangular in shape and is divided into two office suites. The land area is 5,944m2. The building has good facilities and is within easy walking distance of the Tweed City Shopping Centre.
Key Property Details
| Date Purchased: |
November 1999 |
| Purchase Price |
$1,585,000 |
| Valuation: |
$4,500,000 |
| Valuation Date: |
June 2011 |
| Structure of Ownership: |
Direct |
| Percentage of Ownership: |
100% |
| Principal Use: |
Commercial Office |
| Total NLA: |
2,448m2 |
| % Vacant NLA: |
Nil |
| WALE (as at 30 June 2011): |
1.37 Years |
Major Tenants
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% of Income |
Lease Expiry |
| Federal Government |
61.02% |
October 2012 |
| NSW Government |
38.98% |
December 2012 |
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