3/31 Lundberg Dr, South Murwillumbah is a 1 bedroom, 1 bathroom Unit. The property has a land size of 7968m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Laughing all the way to the bank with this prime investment property in a highly desirable Flood Free area of Murwillumbah. Built in 2008 in the industrial area of South Murwillumbah in the gated complex known as Energy Park , the warehouse, come show room lends itself to an astute investor or small business owner. Currently it leased until 2021, generating an income of $1406 per month and increasing around 4% per year, the 130m2 showroom is within minutes drive to the Tweed Valley Way and Murwillumbah CBD with the bonus of easy access to Tweed/Coolangatta and the rest of the Gold Coast.
Features:
Secure Complex
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:
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