SOLD
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Sold on 05 Nov 2024 - Price Unavailable

76 Murwillumbah Street
Murwillumbah NSW 2484

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 133m2
Land area: 209m2
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Property Details for 76 Murwillumbah St, Murwillumbah

Building Type
Commercial
Floor Size
133m2
Land Size
209m2
Local Government
Tweed
Lot/Plan
2/DP412196

Last Listing description (November 2024)

Welcome to 76 Murwillumbah Street - an outstanding commercial property opportunity that ticks all the right boxes!

Are you looking for a smart investment that guarantees steady rental income? Look no further! This property is currently leased out to the reputable and thriving business, Work n Country, which has been a long-standing tenant for a total of 16 years, ensuring a consistent monthly rent of $2,237.04 with a full year remaining on their lease. You can step into ownership with peace of mind, knowing that your investment is already generating returns.

The property boasts a spacious and versatile open commercial space, providing an ideal canvas for various businesses to flourish. Whether it's retail, office space, or even a creative studio, the options are endless.

Convenience is the name of the game with this property. Located right in the heart of the Murwillumbah CBD, your tenants will benefit from high visibility and easy accessibility, attracting a steady flow of customers. The central location means foot traffic and exposure will be maximised, contributing to the success of any business operating here with main street parking.

In addition to its prime location, this commercial property comes with the added advantage of rear lane access and parking. Your tenants and their customers will have no trouble parking, making their visits to the premises hassle-free.

Investing in 76 Murwillumbah Street not only secures a reliable income stream but also ensures a valuable asset in a high-demand area. As Murwillumbah continues to grow and develop, the property's value is set to appreciate, making it an even wiser long-term investment.

Don't miss this opportunity to own a prime commercial property in a thriving location, complete with a successful tenant and future potential. Schedule a viewing today and take the first step towards securing your financial future!

Disclaimer: The information contained herein has been provided to us by the Vendors.
This Agent does not represent the property as to its accuracy and recommends that any purchaser make their own investigations and enquiries.
All images are indicative of the property only.

Property History for 76 Murwillumbah St, Murwillumbah, NSW 2484

A timeline of how this property has performed in the market
Last Sold
05 Nov 2024
  • 05 Nov 2024
    Sold for $495,000
  • 16 Oct 2024
    Listed for Sale $495,000
  • 21 May 2024
    Listed for Sale $495,000
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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 4,122 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.
There are currently 29 properties listed for sale, and 18 properties listed for rent in Murwillumbah on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Murwillumbah.

Suburb Insights for Murwillumbah 2484

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Contact agent
Paul Leslight
Show contact details
P Smith and Son
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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.