FOR SALE
$1.1 mil

5 River Street
Woodburn NSW 2472

Bedrooms: 9
Bathrooms: 8
Car spaces: 13
Land area: 3402m2
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What An Investment Opportunity! - Coastal Northern Rivers Location

This versatile property is ideal for Investors looking to capitalize on rental income or convert it back into a thriving Motel, all while enjoying a prime location near popular Coastal tourism destinations. Being on 10-minute drive from the holiday town of Evans Head, 30 mins from Ballina/Byron Bay Airport and 1 hour 14min from the Gold Coast Airport.
The property has just been fully renovated and all rooms are currently under Tenancies with a combined projected rental return of $110,000 per annum
The Property consists of :
Spacious 3-bedroom residence with:
o Modern kitchen
o Separate dining room
o Large spacious lounge room with a deck area
o Concrete and timber flooring
o Spacious bedrooms
o Main bathroom upstairs, second bathroom downstairs, and a laundry area
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Property Details for 5 River St, Woodburn

5 River St, Woodburn is a 9 bedroom, 8 bathroom House with 13 parking spaces. The property has a land size of 3402m2. The place is currently for sale with Nimbin Hills Real Estate Pty Ltd.

Building Type
House
Land Size
3402m2

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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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Vicki Morgan
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Nimbin Hills Real Estate Pty Ltd
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