457 Tweed Valley WaySouth Murwillumbah NSW 2484
Property Details for 457 Tweed Valley Way, South Murwillumbah
457 Tweed Valley Way, South Murwillumbah is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1720m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in South Murwillumbah in the last 12 months.
Last Listing description (November 2024)
Presenting an Outstanding Art Deco 8 Unit investment opportunity, set in a flood free location at Greenhills Plus a separate title vacant land with entitlement to build on.
Whether you're a seasoned investor or expanding your portfolio, this Amazing Art Deco 8 Unit property is ready for immediate takeover and offers a solid foundation for long-term financial gain in a high demand Tweed Coastal area.
457-461 Tweed Valley, Way Sth Murwillumbah ( Lots 35 DP: 538901and Lot 8 DP: 21098)
Rare Opportunity to Astute Buyer:-
1738m2 of Property enjoys 2 Titles and divided into 3 sections .
Being 35/538901 - Main Block with 8 Units & 5 Garages together with across the road totaling 1321m2
Plus;
Lot8/21098 - Vacant Land benefiting dwelling entitlement to build on this vacant site as well to increase your portfolio further.
Features:-
Art Deco built 1948-1950 period
Full brick 2 storey Building.
8 x one Bedroom Unit Block
Rental appraisal $350-$380 pw including water for each of the units providing a potential rent of $2800-$3040 pw for the 8 units.
Brick Interior walls
Ornate ceilings
Cast Iron Bath Tubs and Sinks
Original workmanship
Hardwood Timber Floors
Internal laundry space plus
Plus a Communal laundry attached to building
5 x Garages
Recently painted Unit 7 is vacant to view
Rental appraisal $350 to $380pw Includes water
New 10-year lithium battery smoke alarms installed in all units
8 Units Plus vacant land on separate title with Dwelling entitlement
1738m2 land set on 2 Titles
Bus Stop to the door
Don't miss this Opportunity Call today to arrange your inspection!
Call - Anne Besgrove 0402 608 503
Call - John Besgrove 0403 513 924
Denotes approx size distances time and measurements only
Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to First National Real Estate Murwillumbah by third parties.
Information should not be relied upon and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.
Property History for 457 Tweed Valley Way, South Murwillumbah, NSW 2484
- 08 Oct 2024Sold for $1,570,000
- 27 Sep 2024Listed for Sale $1,600,000
- 27 Sep 2024Listed for Rent $380 / week
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0About 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 880 properties. Over the last 5 years, Houses in South Murwillumbah have seen a 70.64% increase in median value, while Units have seen a 115.64% increase. As at 30 November 2024:
- The median value for Houses in South Murwillumbah is $795,826 while the median value for Units is $708,568.
- Houses have a median rent of $680.
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