8 Railway St, South Murwillumbah is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 806m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Yes this house was affected by flood.
Yes this house does need work.
Yes you are taking it exactly as it is.
Situated in Railway street the house was affected by the record floods earlier this year.
The owners have moved on and they want the property gone.
Featuring:
3 Bedrooms
enclosed verandahs
Large combined Kitchen and living space
Hardwood Floors
The internal space is generous and there is so many way you could configure this house.
Raising this house will certainly increase value to the property as well as providing better views to what is already a spectacular outlook.
This is truly a unique opportunity for someone to get into the housing market at an affordable price, take on a project and flip it or keep it for future investment.
With it position right next to Murwillumbah Railway station its potential as a BnB in conjunction with the Rail trial when it opens could be a great investment for someone.
As the heading says Opportunity Opportunity Opportunity.
Important note: Please do not enter the property unless in attendance with a Ray White Agent or attending one of the open homes.
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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