120 Chinderah Bay Drive

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About this property

Affectionately known as Jenner's Corner by locals, this iconic riverside site carries a rich history and offers endless possibilities for its next chapter. Positioned on a prime corner block of 759sqm directly opposite the beautiful Tweed River, the property presents an outstanding mixed-use opportunity in a highly desirable location. Zoned MU1 Mixed Use, it provides a flexible foundation to live in, rent out, or develop (STCA), allowing buyers to explore a wide range of options while capitalising on its enviable riverside outlook. The property is currently improved with three refurbished residential flats, all presented in immaculate condition. Together they generate a strong and reliable income stream of approximately $87,880 per annum, appealing to investors seeking both stability and long-term potential. The configuration includes two spacious two-bedroom units and one well-appointed studio apartment, each designed for comfortable, low-maintenance modern living. All units have been renovated internally, featuring fresh finishes, quality fittings, and excellent tenant appeal. Onsite parking adds further convenience, contributing to the overall functionality and desirability of the property. Enjoy uninterrupted river views from this prime position, offering a scenic lifestyle with easy access to local amenities, recreational spaces, and transport connections. Whether purchased individually or combined with the neighbouring opportunities at 118 Chinderah Bay Drive and 83 Walsh Street, this property represents a rare chance to secure one, or an entire collection, of premium riverside holdings in an increasingly sought-after pocket of Chinderah. With its mix of history, lifestyle, and investment potential, Jenner's Corner is more than just a property - it's a chance to be part of a celebrated local landmark and create your own chapter in its story. Unit A - 2 bed, 1 bath - leased for $690 per week Unit B - 2 bed, 1 bath - leased for $700 per week Unit C - Studio, 1 bath - leased for $350 per week WHERE TO FROM HERE: Directly Opposite to the Tweed River 550m to Cubby Bakehouse and Chinderah Tavern 1.8km to the Chinderah Boat Ramp 2.6km to Kingscliff Beach 4.5km to Kingscliff's Cafes and Restaurants 4.8km to the Tweed Valley Hospital 7.5km to Tweed City Shopping Centre 12.2km to Gold Coast Domestic and International Airport 12.4km to Coolangatta Beach, Cafés and Restaurants 40 minutes to Byron Bay 120 minutes to Brisbane CBD THE FINER DETAILS: Land Size: 759m2 Zoning: MU1 Mixed Use Council Rates: $3,981.00 per annum (approximately) Water Rates: $1,268.00 per annum (approximately) For further information or to arrange an inspection, please contact Gavin Keith on 0438 243 441 This property is being sold as an "Expressions of Interest" with all offers being presented immediately to the owner for consideration and response. DISCLAIMER This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.