OFF MARKET

2-8 Kite Crescent
South Murwillumbah NSW 2484

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1175m2
Land area: 6616m2
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Property Details for 2-8 Kite Cres, South Murwillumbah

Building Type
Commercial
Floor Size
1175m2
Land Size
6616m2
Local Government
Tweed
Lot/Plan
223/DP1122768

Last Listing description (September 2022)

3 x large fully leased Industrial units on one Title.

Substantial annual net rental income of $341,700 + outgoings + GST

Built on 6,615m2 of flood free land in the up and coming Industrial precinct of South Murwillumbah. Only 30 minutes to the southern Gold Coast via M1 motorway.

Unit 1: 1,175m2 - Leased until May 2025
Unit 2: 1,175m2 - Leased until May 2023
Unit 3: 1,175m2 - Leased until June 2022

Key features include:
* Purchase 'in one-line' or as individual strata Units (STCA)
* Solid Concrete tilt panel construction
* Security fencing around the entire complex
* Easy truck access
* High clearance ceilings
* 3 phase power
* Electric roller doors
* Individual toilet and kitchenette for each Unit
* 40 onsite car parks including disabled car parking

SALE PRICE: Seeking Expressions of Interest

It's rare to be able to acquire a fully tenanted entire Industrial complex in 'one-line'.
This investment opportunity will not last long on the market.

*approx
Please contact the listing agent for more details by clicking on the link above.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility

Property History for 2-8 Kite Cres, South Murwillumbah, NSW 2484

A timeline of how this property has performed in the market
Last Sold
$6,250,000
23 Dec 2021
Listed for Rent
$1.58k/w
02 Jul 2015
  • 23 Dec 2021
    Sold for $6,250,000
  • 20 Sep 2019
    Listed for Sale From $2,000,000 ono
  • 23 Aug 2017
    Listed for Sale OFFERS TO PURCHASE CONTACT AGENT
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About South Murwillumbah 2484

The size of South Murwillumbah is approximately 11.3 square kilometres. It has 4 parks covering nearly 0.4% of total area. The population of South Murwillumbah in 2011 was 1,063 people. By 2016 the population was 1,110 showing a population growth of 4.4% in the area during that time. The predominant age group in South Murwillumbah is 50-59 years. Households in South Murwillumbah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Murwillumbah work in a labourer occupation. In 2011, 59.2% of the homes in South Murwillumbah were owner-occupied compared with 63.6% in 2016.

South Murwillumbah has 872 properties. Over the last 5 years, Houses in South Murwillumbah have seen a 62.43% increase in median value, while Units have seen a 121.21% increase. As at 31 October 2024:

  • The median value for Houses in South Murwillumbah is $758,769 while the median value for Units is $670,621.
  • Houses have a median rent of $650.
There are currently 8 properties listed for sale, and 1 property listed for rent in South murwillumbah on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in South murwillumbah.

Suburb Insights for South Murwillumbah 2484

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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.