FOR SALE
$2,800,000

8 Smith Street
Mullumbimby NSW 2482

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 685m2
Land area: 1212m2
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Commercial Industrial Opportunity

A very rare opportunity in a very tightly held commercial industrial precinct. All one title, these 4 industrial units have complete flexibility. Whether you're looking for a secure and solid long-term investment or maybe accommodating your own business, this property has any number of possibilities covered. Only 5 minutes from the freeway on the edge Mullumbimby, the complex is ideally located for freight and accessibility.
Features:
- 685m2 of floor space
- 1212m2 lot with 11 car spaces
- A chance like this may never come again in this estate!
- All leased with good tenants
- Leases due for market rent assessment
- Currently leased at average of $116 per square metre
- Precinct market rate $200-$250 per square metre
- Roller door and pedestrian door access for each unit
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Property Details for 8 Smith St, Mullumbimby

Building Type
Commercial
Floor Size
685m2
Land Size
1212m2

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About Mullumbimby 2482

The size of Mullumbimby is approximately 27.6 square kilometres. It has 10 parks covering nearly 2.8% of total area. The population of Mullumbimby in 2011 was 3,171 people. By 2016 the population was 3,600 showing a population growth of 13.5% in the area during that time. The predominant age group in Mullumbimby is 50-59 years. Households in Mullumbimby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mullumbimby work in a professional occupation. In 2011, 66.7% of the homes in Mullumbimby were owner-occupied compared with 65.8% in 2016.

Mullumbimby has 2,377 properties. Over the last 5 years, Houses in Mullumbimby have seen a 45.32% increase in median value, while Units have seen a 98.18% increase. As at 30 September 2024:

  • The median value for Houses in Mullumbimby is $1,036,438 while the median value for Units is $771,058.
  • Houses have a median rent of $810 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 6 properties listed for rent in Mullumbimby on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Mullumbimby.

Suburb Insights for Mullumbimby 2482

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Todd Buckland
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Gary Brazenor
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Byron Shire Real Estate
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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.