SOLD
RECENT ADVICE
Sold on 21 May 2024 for $1,170,000

25 Eyles Avenue
Murwillumbah NSW 2484

Bedrooms: 10
Bathrooms: 5
Car spaces: 4
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Property Details for 25 Eyles Ave, Murwillumbah

25 Eyles Ave, Murwillumbah is a 10 bedroom, 5 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 10 bedroom BlockOfUnits sold in Murwillumbah in the last 12 months.

Building Type
BlockOfUnits

Last Listing description (May 2024)

For the first time in 24 years, here is your chance to set yourself up for the future with this type of property that rarely becomes available.

Nestled on the picturesque hillside of Murwillumbah, this exceptional investment opportunity awaits! Presenting a block of five flats (not Strata Titled), three of which boast views of the surrounding landscape and two have views out over Knox Park. Whether you're an investor seeking a lucrative addition to your portfolio or a homeowner looking for an income-generating property, this offering is sure to captivate.

Key Features:

Prime Location: Situated atop serene Hartigan's Hill in Murwillumbah, residents will enjoy tranquility and panoramic views while still being close to local amenities and conveniences.

Five Flats: Each flat is spacious, offering comfortable living spaces.

Views: Wake up to awe-inspiring views of the rolling hills and verdant valleys, creating an ambiance of peace and serenity.

Investment Opportunity: With five separate flats, this property presents an excellent opportunity for rental income, some of the lease have potential of increases.

Location Highlights:

Convenient access to local shops, cafes, and restaurants, Sunnyside Mall only 1.1km away.

Proximity to recreational facilities and outdoor activities, including Knox Park only 900m away.

Don't miss out on this rare chance to own a piece of paradise in Murwillumbah!

Contact us today to schedule a viewing and secure your slice of hillside living in Murwillumbah. Don't let this opportunity pass you by!

Set high on the hill, flood free, with nice views over the area.

Flats,
1. Leased for $400 per week - Lease term expires 15th March 2025.
2. Leased for $400 per week - Fixed term ends 29th August 2024.
3. Leased for $300 per week - increasing to $330 when fixed term ends 28th May 2024.
4. Leased for $420 per week - Out of fixed term.
5. Leased for $400 per week - Out of fixed term.
Total rent return after 28th May $1,950 per week.

Approximate outgoings,

Council Rates are approximately $4,663.20 per year.

Water rates are paid be the owner.

Landlord Insurance $1,286.30 per year.

Building (Strata) insurance $3,028.28. ( All units are on one title )

For further information call Christian now!

Disclaimer: The information provided, including property details such as dimensions, pricing, photos, and descriptions, is sourced from third parties for your convenience. Real Specialists cannot guarantee its accuracy and disclaims all liability for any losses or damages arising from its use. Users are advised to verify information independently and consult legal counsel for property inquiries. Prices on the Website are subject to change.

Property History for 25 Eyles Ave, Murwillumbah, NSW 2484

A timeline of how this property has performed in the market
Last Sold
$1,170,000
21 May 2024
  • 20 May 2024
    Sold for $1,170,000
  • 02 Apr 2024
    Listed for Sale Under Offer
  • 22 Dec 2000
    Sold for $232,076
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About 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 4,136 properties. Over the last 5 years, Houses in Murwillumbah have seen a 77.98% increase in median value, while Units have seen a 165.80% increase. As at 30 November 2024:

  • The median value for Houses in Murwillumbah is $836,439 while the median value for Units is $399,546.
  • Houses have a median rent of $695 while Units have a median rent of $435.
There are currently 27 properties listed for sale, and 17 properties listed for rent in Murwillumbah on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Murwillumbah.

Suburb Insights for Murwillumbah 2484

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Contact agent
Christian Petersen
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.