111 Commercial RoadMurwillumbah NSW 2484
Property Details for 111 Commercial Rd, Murwillumbah
111 Commercial Rd, Murwillumbah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1556m2. While the property is not currently for sale or for rent, it was last sold in May 2011.
Last Listing description (April 2015)
This is a rare offering - a very neat & tidy block of nine Riverfront units, just a short stroll to boat ramp, picnic area, sports fields and Murwillumbah CBD.
The top floor - penthouse has expansive River Views, a long covered eastern verandah, plus a private covered rear deck area. The majority of units have been freshly renovated with good long term tenants.
This large parcel of land leaves plenty of room for extra car parking spaces if needed. The unit block also includes modern laundry facilities and a good size work shed, making this a lucrative, low maintenance investment.
* 1 x 1 Bedroom unit
* 5 x 2 Bedroom units
* 1 x 4 Bedroom Penthouse
* 2 x Ground floor commercial/consulting suites
* Returning $101,140 gross per annum
* Quiet no through road
* 1556 m2 block of land with two titles
Act now and retire with a solid monthly income.
Disclaimer
All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
Property History for 111 Commercial Rd, Murwillumbah, NSW 2484
- 11 Nov 2014Listed for Sale Not Disclosed
- 29 Jul 2013Listed for Rent $195 / week
- 10 Nov 2011Listed for Rent - Price not available
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0About 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.
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