FOR SALE
$569,000

89 Murwillumbah Street
Murwillumbah NSW 2484

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Blue Chip Investment

This Perfectly located Solid Building is in the heart of Murwillumbah CBD. Situated on a 215m2 Block complete with rear parking and on-street parking. Being Renovated appeals to this Investment Property, with a Net Income of $32,510.00 + GST + outgoings that are 100% paid by the tenant which is currently on a 3 x 3 Year Lease. Giving you over a 5.7% return each year on the property.
Why not add this unique property to your Investment Portfolio today.
Disclaimer: The information contained herein has been provided to us by the Vendors.
This Agent does not represent the property as to its accuracy and recommends that any purchaser make their own investigations and enquiries.
All images are indicative of the property only.

Property Details for 89 Murwillumbah St, Murwillumbah

Building Type
Commercial

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About Murwillumbah 2484

The size of Murwillumbah is approximately 12 square kilometres. It has 21 parks covering nearly 10.4% of total area. The population of Murwillumbah in 2011 was 6,342 people. By 2016 the population was 7,034 showing a population growth of 10.9% in the area during that time. The predominant age group in Murwillumbah is 50-59 years. Households in Murwillumbah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murwillumbah work in a professional occupation. In 2011, 65.1% of the homes in Murwillumbah were owner-occupied compared with 65.5% in 2016.

Murwillumbah has 4,122 properties. Over the last 5 years, Houses in Murwillumbah have seen a 68.99% increase in median value, while Units have seen a 121.04% increase. As at 31 October 2024:

  • The median value for Houses in Murwillumbah is $796,471 while the median value for Units is $370,540.
  • Houses have a median rent of $695 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 18 properties listed for rent in Murwillumbah on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Murwillumbah.

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