Towers Francis Property is proud to offer for sale for the first time ever, this prime multi-tenanted freehold asset right in the centre of the Kingscliff retail precinct.
INVESTMENT DETAILS:
- Net Income $165,884 per annum
DEVELOPMENT & ZONING:
- MU1 Mixed Use
- FSR 2:1
- HOB 13.6m
FEATURES:
- 1,037sqm site area
- 3 shops comprising a net lettable area of 514sqm
- 20 meter frontage
- Dual street frontages
FOR SALE:
Expressions Of Interest closing Friday 12:00pm 15th December 2023 if not sold prior.
For further information, please don't hesitate to contact the exclusive selling agents at Towers Francis Property.
The size of Kingscliff is approximately 6.5 square kilometres. There are 21 parks, covering nearly 28.2% of the total area. The population of Kingscliff in 2016 was 7464 people. By 2021 the population was 8355 showing a population growth of 11.9% in the area during that time. The predominant age group in Kingscliff is 60-69 years. Households in Kingscliff are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingscliff work in a professional occupation.In 2021, 68.80% of the homes in Kingscliff were owner-occupied compared with 64.60% in 2016.
Kingscliff has 5,842 properties. Over the last 5 years, Houses in Kingscliff have seen a 25.14% increase in median value, while Units have seen a 48.70% increase. As at 30 June 2026:
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