10 Thompson Street, Murwillumbah, NSW 2484 | BlockOfUnits for sale | OnTheHouse
FOR SALE
$1,500,000

10 Thompson Street
Murwillumbah NSW 2484

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 601m2
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3-unit Fully Tenanted Complex - Investor Opportunity

An excellent opportunity to acquire a fully tenanted - and therefore SMFS eligible - multi-unit income asset in an area with a critically low vacancy rate attracting strong tenant demand.
10 Thompson Street is a two-level, fibro-clad complex comprising three self-contained units - two x 2-bedroom/1-bathroom and one x 3-bedroom/1-bathroom - set on a level allotment.
* Two-level, fibro-cladded complex with tin roof.
* Comprised of two 2-bed/1-bath units, and one 3-bed/1-bath unit - all currently tenanted.
* Individual single, lock-up garage for each unit.
* Currently fully tenanted on fixed terms tenancies until November 2026.
* Generating a gross yearly income of $71,250.
* Appraised to generate a gross annual income of $81,640.
Rental Income:
Unit 1: $600/week - par market-value - leased until May '27
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Property Details for 10 Thompson St, Murwillumbah

10 Thompson St, Murwillumbah is a 7 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces and was built in 1950. The property has a land size of 601m2. The place is currently for sale with First National Real Estate Murwillumbah.

Building Type
BlockOfUnits
Year Built
1950
Land Size
601m2
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About Murwillumbah 2484

The size of Murwillumbah is approximately 12.0 square kilometres. There are 21 parks, covering nearly 10.4% of the total area. The population of Murwillumbah in 2016 was 7032 people. By 2021 the population was 7616 showing a population growth of 8.3% in the area during that time. The predominant age group in Murwillumbah is 60-69 years. Households in Murwillumbah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murwillumbah work in a professional occupation.In 2021, 65.70% of the homes in Murwillumbah were owner-occupied compared with 65.50% in 2016.

Murwillumbah has 4,143 properties. Over the last 5 years, Houses in Murwillumbah have seen a 38.53% increase in median value, while Units have seen a 36.38% increase. As at 30 June 2026:

  • The median value for Houses in Murwillumbah is $927,422 while the median value for Units is $523,816.
  • Houses have a median rent of $790 while Units have a median rent of $500.
There are currently 21 properties listed for sale, and 29 properties listed for rent in Murwillumbah on OnTheHouse. According to Cotality's data, 155 properties were sold in the past 12 months in Murwillumbah.

Suburb Insights for Murwillumbah 2484

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Scott Reading
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William Campbell
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First National Real Estate Murwillumbah
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.