27 Minjungbal Drive

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About this property

The Residential In 1959, the Main Barnett residence was transported to 27 Minjungbal Drive from literally over the road, where the existing pine trees and jetty are now situated and cherished by the Barnett family for decades. The Art-Deco two-storey main residence reflects a time when homes were built with style & care, featuring ornate cornices, timber floors, extra high ceilings throughout, formal lounge plus three double bedrooms and bathroom. Underneath is an extra large garage, additonal utility bathroom, multiple rooms for workshops,hobbies and a studio - the choice is yours rent our or reside. Estimated residential rent for Main residence residential: $1,000 per week The Commercial Shops 1, 2 and 3 Shop 1/27 Minjungbal Drive THS Hillview Rose Farm # Florist and Gift Shop # Rent Per Annum - $26,727.24 {Exclusive GST} # Shop 1 utilises the cool room # Lease to 30.9.2027 # Electricity is separatly metered - The tenant pay their own electricity # Current Tenure 2016 to date Please note the cold room appearing on the site plan Ian not a fixture Shop 2/27 Minjungbal Drive THS Baking Pleasures # Cake and Baking Supplies # Rent Per Annum $37,960 {Exclusive GST} # Lease to 31/7/2026 # Electricity is separatly metered - The tenant pay their own electricity Features:- Two air-conditioners on each side, security sensor lights Shop 3/27 Minjungbal Drive Vacant Two large rooms each with two air-conditioning units plus a secure storage room. There is also another storage room between that's serves as a buffer between Shops 2 and 3. Additional roller door attached lock up garage with remote door and awning. Estimated Potential income - $800 - $1600 per month Key Buyer Information: # Main Residence Residential Vacant : $1,000 per week (estimated rent on a permanent basis) # Two retail shops: - The Florist and Baking Pleasures Shops 1 and 2 {Both tenants have their own bathrooms and are plumbed for a washing machine.} # Shop 3 - Additional secure storage/office includes garage: $800 - $1600 per month Estimated Potential income # Outgoings: General Rates as at 31/8/2025 $4,438 p.a, water rates $44.51 as at 12/12/25 - Water Rates as at 22/3/24 $228.53 # Insurance $10,770 p.a. # Zoning: R3 Medium Density Residential, 13.6m height limit # Development Potential: Up to three dwellings (STCA); not at highest and best use # Location: 3.2km to Coolangatta Beach, 6.7km to Gold Coast International Airport and 2.9km to Twin Towns Services Club, 3km to Tweed Mall and 2.6km to Tweed City Shopping # Electronic Security Gate Entrance to the rear of the shops and main residence # Shops 1 and 2 have 100% street frontage to Minjungbal Drives High Traffic Flow The Barnett family have proudly owned & lived in this property for over 60 years & are now ready to pass the baton to its next custodian. Auction on-site 14/6/26 at 10am (Offers Welcome Prior) Inspect and offer today, so you do not find yourself saying, "I'd have paid that!" Disclaimer - All information contained herein has been obtained from sources deemed reliable; however, Coolangatta/Tweed Heads Realty Pty Ltd, its directors, employees, and agents do not make any representations or warranties, express or implied, as to the accuracy, currency, or completeness of the information provided. Accordingly, no responsibility or liability will be accepted by Coolangatta/Tweed Heads Realty Pty Ltd for any loss, damage, or other consequence (whether direct or indirect) arising in any way from any act or omission in reliance upon the information contained herein. Prospective purchasers are advised to undertake their own independent investigations and enquiries. Such enquiries should include, but are not limited to, consultation with a qualified legal practitioner, relevant statutory authorities, and a thorough review of the Contract for Sale. In the case of strata-titled or community-titled properties, purchasers should also review the Body Corporate records, Community Management Statement, Disclosure Statement, and any associated documentation to ascertain the nature and extent of the property, including but not limited to, any common property or areas subject to exclusive use. Any price guides or indications provided by Coolangatta/Tweed Heads Realty Pty Ltd are estimates only and should not be relied upon as a representation of the potential sale price. The actual sale price may be above or below the guide provided. All measurements, including square metreage shown in any floor plans, are approximate only. Such figures may include internal and external areas and are provided for indicative purposes only. Purchasers must rely on their own enquiries and professional advice in this regard. The website may have filtered this apartment into a price range, to determine internet portal functionality.

Property Features

Location & Nearby

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