FOR SALE
$420,000

107 River Street
Woodburn NSW 2472

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Elevate your Investment to new heights

Are you ready to elevate your business investment to new heights? This is your opportunity to secure a dual-income investment located prominently on River St in the thriving Woodburn shopping precinct. This exceptional property offers unparalleled visibility and a commanding presence in the heart of the town. Woodburn has become a quaint little village making it an ideal and popular stop-off for tourists and day trippers from Evans Head.
A very successful bookshop/cafe, with modern & functional amenities, fills the street level commercial space with a retail 3 x 3 lease in place, whilst the 2 bedroom residential dwelling upstairs currently has a 12-month residential lease in place. The property also includes a three car garage.
The shop successfully supports both local clientelle and visitors to the area. The shopping precinct is thriving since the bypass and the rejuvenation of the river foreshore as the shopping area attracts more locals with ease of parking and less traffic.
Features include:
- Long lease in place for the shop.
- Lease also in place for the residence.
- Solar array on the roof of the shop.
- Main bedroom has balcony access WIR + A/C.
- A/C also in the loungeroom, study and the shop.
- Large Courtyard at rear with space for boat or van
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Property Details for 107 River St, Woodburn

107 River St, Woodburn is a 2 bedroom, 1 bathroom Flat with 2 parking spaces. The place is currently for sale with Higgins Real Estate.

Building Type
Flat

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About Woodburn 2472

The size of Woodburn is approximately 52.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Woodburn in 2011 was 775 people. By 2016 the population was 729 showing a population decline of 5.9% in the area during that time. The predominant age group in Woodburn is 60-69 years. Households in Woodburn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woodburn work in a trades occupation. In 2011, 70.3% of the homes in Woodburn were owner-occupied compared with 67.1% in 2016.

Woodburn has 476 properties. Over the last 5 years, Houses in Woodburn have seen a 45.19% increase in median value, while Units have seen a 80.21% increase. As at 30 November 2024:

  • The median value for Houses in Woodburn is $548,549 while the median value for Units is $370,040.
  • Houses have a median rent of $505.
There are currently 5 properties listed for sale, and no properties listed for rent in Woodburn on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Woodburn.

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Patrick Higgins
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Higgins Real Estate
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