71-77 Burringbar StreetMullumbimby NSW 2482
Property Details for 71-77 Burringbar St, Mullumbimby
71-77 Burringbar St, Mullumbimby is a 5 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 754m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (July 2024)
This iconic building in the centre of Mullumbimby sits on a generous 719m2 freestanding block with rear lane access. With a spacious commercial holding downstairs and sophisticated apartment living upstairs this is a great opportunity for an investor or owner occupier.
Approx 160m2 of commercial floor area for retail or restaurant/cafe with brand new polished timber floors, high ceilings, newly ducted air conditioning, a freshly designed separate kitchen bathrooms for his and hers.
Two separate beautifully renovated apartments upstairs are currently rented.
The property also has further opportunity to expand with a spacious backyard area off the rear laneway to expand STCA.
Ample parking for both residential and commercial tenants or owners.
Only metres from Banya Bathhouse and Council Chambers this central commercial freehold location does not come up for sale often.
(agency declares interest)
Property History for 71-77 Burringbar St, Mullumbimby, NSW 2482
- 12 May 2023Listed for Sale Expressions Of Interest
- 28 Oct 2022Listed for Rent $75,000 / year
- 15 Feb 2022Listed for Sale $3.7M
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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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