OFF MARKET

3/31 Lundberg Drive
South Murwillumbah NSW 2484

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 130m2
Land area: 7968m2
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Property Details for 3/31 Lundberg Dr, South Murwillumbah

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.

Building Type
Unit
Floor Size
130m2
Land Size
7968m2
Local Government
Tweed
Lot/Plan
3/SP80627

Last Listing description (December 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

130m2 showroom/warehouse
6 metre automatic roller door
3-phase power throughout
Full amenities including kitchenette and toilet
Air-conditioned, carpeted, lockable office.
Storage above office
Bright showroom with plenty of light.
Reap the rewards, this one won t last long. Book an inspection today.

Property History for 3/31 Lundberg Dr, South Murwillumbah, NSW 2484

A timeline of how this property has performed in the market
Last Sold
$220,000
17 Nov 2017
Listed for Rent
$6/w
21 May 2015
  • 17 Nov 2017
    Sold for $220,000
  • 13 Jan 2017
    Listed for Sale $210,000 ONO
  • 15 Jul 2016
    Listed for Sale Not Disclosed
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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.