KEY FACTS
LOCATION
Bay Street, Tweed Heads, NSW
SIZE
183 residential apartments, plus retail and commercial
COMPLETION DATE
TBA
 
PHOTOS

Citimark has recently sold its development site in Tweed Heads, after gaining Development Approval for this prominent three street frontage property. Bay Street is strategically located within 200m from sun drenched patrolled beaches, landmarks such as the world class Twin Towns Resort, the Tweed River foreshore and Jack Evans Boat Harbour, and Tweed Centro Shopping Centre.

The site encompasses 5,451m² and is approved for 183 residential apartments (within 3 towers) and 780m² of ground floor retail and commercial space.

The residential component comprises a mix of 1-, 2- and 3- bedroom apartments within three separate towers which measure 16, nine and seven storeys each.

The ground floor component has a total of 10 premium tenancies being five retail tenancies, two restaurants and three commercial offices. The ground floor also contains communal facilities including a pool, spa, gym, theatrette and meeting room. 324 car parking spaces are incorporated in the approval.

Brad Johnson and Darrell Irwin of Colliers International's Gold Coast office negotiated the sale of the site.

Citimark sold this strategic site in 2007.