23 Charles StreetMurwillumbah NSW 2484
Property Details for 23 Charles St, Murwillumbah
23 Charles St, Murwillumbah is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1964. The property has a land size of 613m2 and floor size of 236m2. While the property is not currently for sale or for rent, it was last sold in May 2008.
Last Listing description (October 2024)
Presenting an outstanding investment opportunity, this fully tenanted four unit complex occupies a well-maintained 613sqm site less than a 10 minute stroll to Murwillumbah CBD. Featuring 4 x two-bed, one bath units, the current owner has spared no expense in maintaining and updating the property both inside and out over recent years. With all the hard work already done there is nothing that needs to be spent on these immaculate units. With healthy rental yields and positioned in a convenient location, astute investors will immediately recognise the current and long-term value of this unique offering.
Features of the units include:
? Lower level units 1 and 2 have been recently renovated throughout with new kitchens, bathrooms, wiring, plumbing, and new stoves
? Upper level units 3 and 4 are neat and tidy and have also been freshly painted with new light fittings and curtains and new stoves installed 2021
? Polished hardwood floors throughout
Features of the property include:
? Communal laundry with 4 x individual tubs and washing machine spaces, new tub back splashes and plumbing with electrical usage isolated for each unit with control switch in each unit kitchen
? 4 bay rear carport with new zincalume roof and steel box drain
? Recent painting of external building, laundry, and handrails
? New zincalume roof, ridge capping, gutters, and earth wool anticon blanket installed
? Front lawn sitting area
? Newly sealed lower level covered sitting area
? Galvanised steel handrail and balustrade installed on back top landing with safety gate at top of stairs
? New concrete path at entry
? New zincalume mini orb and flashings to all eaves
? Switchboard upgrade May 2020
? New 10-year lithium battery smoke alarms installed in all units
Fantastic tenants in place, all units are currently occupied at $450/wk.
Council Rates - $3,975 per annum
Water Rates - $1,436 per annum
Insurance - $5,246 per annum
Whether you're a seasoned investor or expanding your portfolio, this impressive property is ready for immediate takeover and offers a solid foundation for long-term financial gain in such a high growth Tweed Coastal area.
Call to arrange an inspection today!
Kristie Hoffman 0427328764 ~ Proudly representing the sale of this property.
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. Elders Tweed Valley and its staff will not be held responsible for any act or omission arising from the accuracy of such material.
We cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Property History for 23 Charles St, Murwillumbah, NSW 2484
- 30 Sep 2024Listed for Sale $1,650,000
- 29 Nov 2021Listed for Sale $1,595,000
- 15 Feb 2017Listed for Sale $890,000.00
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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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