FOR SALE
$2,495,000

32-34 Gumtree Drive
Goonellabah NSW 2480

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 855m2
Land area: 1298m2
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Residential Property with income from adjacent Commercial tenants

Phone enquiries - please quote property ID 34486.
A four bedroom, plus study and two bathrooms, owner/manager's apartment at 1st Floor level. A separate one-bedroom residential suite at ground level as a granny flat, or separate rental income opportunity.
Discover an excellent investment opportunity in the beautiful NSW Northern Rivers region. This architect-designed complex, known as the "Goonellabah Business Centre," offers a mix of commercial and residential units with strong income potential and long-term tenants. Located in flood-free Goonellabah, adjacent to the Bruxner Highway, this property provides easy access to Ballina, Byron Bay, Lismore, and Casino.
Property Highlights:
* Commercial Units: 6 commercial units with long-term tenants including a sporting association, chiropractor, clinical psychologist, paediatrician, & personal fitness.
Residential Units:
* A spacious 4/5 bedroom residence with the option to live in or rent out.
* A currently tenanted 1-bedroom residential unit on the ground floor.
Features:
* Solid Construction: Cavity brick with zinc alum insulated roof and stainless-steel box gutters.
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Property Details for 32-34 Gumtree Drive, Goonellabah

32-34 Gumtree Drive, Goonellabah is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 1298m2 and floor size of 855m2. The place is currently for sale with No Agent Property.

Building Type
BlockOfUnits
Floor Size
855m2
Land Size
1298m2

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About Goonellabah 2480

The size of Goonellabah is approximately 23.5 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Goonellabah in 2011 was 12,537 people. By 2016 the population was 12,881 showing a population growth of 2.7% in the area during that time. The predominant age group in Goonellabah is 50-59 years. Households in Goonellabah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goonellabah work in a professional occupation. In 2011, 67.6% of the homes in Goonellabah were owner-occupied compared with 66.3% in 2016.

Goonellabah has 7,001 properties. Over the last 5 years, Houses in Goonellabah have seen a 73.55% increase in median value, while Units have seen a 53.81% increase. As at 30 November 2024:

  • The median value for Houses in Goonellabah is $671,834 while the median value for Units is $460,820.
  • Houses have a median rent of $610 while Units have a median rent of $440.
There are currently 91 properties listed for sale, and 16 properties listed for rent in Goonellabah on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Goonellabah.

Suburb Insights for Goonellabah 2480

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.