7, 9. 11 & 13 Pearl, Tweed Heads NSW

For Sale

Land

CONTACT AGENT

2814m2

ADDRESS
7, 9, 11, & 13 Pearl St Tweed Heads NSW 2485
SITE AREA: 2,814 SQM
LOCAL GOVERNMENT AUTHORITY: Tweed Heads Council
LOCAL DEVELOPMENT PLAN (LEP): Tweed City Centre Local Environmental Plan 2012
ZONING: Zone R3 Medium Density Residential
FLOOR SPACE RATIO: 4.5 to 1 BUILDING HEIGHT LIMIT: 49.5 metres

THE DA PROPOSAL: 139 Residential Apartments - 8 Storey
COMPOSITION: 3 x Studios, 4 x 1 bedroom, 88 x 2 bedroom, 37 x 3 bedroom and 7 x 4 bedroom
A Pre-DA with plans and 3D images (Concept Plan) was lodged for 9, 11 & 13 (3 lots) with Tweed Heads Council in 2015 and received extremely favourable advice from Council which encouraged the development. 7 Pearl Street was to be added to the site subse-quently. Due to the varied interest from prospective developers, some looking to do ser-viced retirement accommodation and others looking at a conventional unit development, it was decided not to lodge a specific DA and allow a potential purchaser/developer to lodge their own DA or have the current architect do it on their behalf.
The Tweed Council is highly in favour of development for the site offering a bonus 10-14% for the winner of a design competition in accordance with the new Tweed City Centre LEP and Design Excellence Guidelines. The current concept allows for 3 x studio, 4 x 1 bed-room, 88 x 2 bedroom, 37 x 3 bedroom and 7 x 4 bedroom
apartments from 3 buildings over 8 levels.