29 New City RoadMullumbimby NSW 2482
Property Details for 29 New City Rd, Mullumbimby
29 New City Rd, Mullumbimby is a 3 bedroom, 2 bathroom House and was built in 1930. The property has a land size of 938m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (July 2023)
STARTING BID $1.1M ONLINE TIMED AUCTION ENDING Mon, 10th Oct 2022 @4:00PM
N.B All offers for this property must be submitted via the online Auction platform see below link/QR code in gallery.
https://buy.realtair.com/properties/97192
The appeal of this central Mullumbimby property is undeniable, set on a level 949m2 block with rear lane access, and presenting incredible opportunity.
Here you will find an original 3 bedroom art-deco home that is ready for creative restoration, renovation or a new build. There is an existing DA approval for extension of the main home plus pool. The property has both front and rear lane access.
The bespoke and luxurious double storey secondary dwelling has been architecturally designed and tastefully renovated. Enjoy cross flow breezes from the open plan living and dining. The kitchen is complete with granite bench tops, gas cooktop, quality appliances and a servery window that opens to the under cover verandah. The perfect spot to enjoy sunsets over Mullumbimby with views to Mount Chincogan! Plus your own private entrance and rear lane access.
This property presents incredible opportunity for a strata title subdivision (STCA) multi-generational living options or potential income streams depending on your needs. Making it an investment unlike any other!
Only a stones throw from the vibrant township of Mullum, which is renowned for its cultural events, fantastic food scene and strong sense of community. There are numerous schools, a weekly farmers market and world-class national parks at your doorstep. Known as the 'gateway' to the hinterland, Mullumbimby is also a short 10-minute drive to Brunswick Heads and 20 minutes to Byron Bay.
What makes this property unique:
Secondary dwelling renovations completed April 2022 with high end designer finishes and fittings
DA amendment complete to raise and extend main house
Main house has been professionally stripped, disinfected and passed strict hygiene testing (report available upon request)
Generous income stream - holiday let annual or monthly projections available
Parking available for both front and rear homes
Custom built in washer and dryer
Gas cooktops in both dwellings
Approved secondary dwelling with rear lane access
Rainwater tank available to granny flat
Fully fenced yard, making this property safe for pets and children to play!
Quiet central location
Architecturally designed secondary dwelling
Solar hot water
Reverse cycle AC
10-minute drive to Brunswick
Property History for 29 New City Rd, Mullumbimby, NSW 2482
- 19 Jan 2023Listed for Sale Starting bid $1.1m Online Timed Auction
- 06 Oct 2022Sold for $1,370,408
- 12 Sep 2022Listed for Sale Starting bid $1.1m Online Timed Auction
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0About 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 2,378 properties. Over the last 5 years, Houses in Mullumbimby have seen a 44.56% increase in median value, while Units have seen a 83.45% increase. As at 31 October 2024:
- The median value for Houses in Mullumbimby is $1,044,758 while the median value for Units is $737,380.
- Houses have a median rent of $845 while Units have a median rent of $565.
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