10-16 Brisbane StreetMurwillumbah NSW 2484
Property Details for 10-16 Brisbane St, Murwillumbah
Last Listing description (June 2015)
HERE ON OFFER THIS MAIN STREET STRATA RETAIL INVESTMENT LOCATED WITH PRIME POLE POSITION DIRECTLY ACROSS FROM SUNNY SIDE MALL. THIS INVESTMENT OFFERS A STRONG TENURE FROM THE LESSEE OF OVER 5 YEARS WHO HAS JUST RENEWED THE OPTION FOR A FURTHER 5 YEARS. FEATURES:- PRIME MAIN STREET POSITION IN THE CENTRE OF VIBRANT MURWILLUMBAH. - POPULAR LOCATION FOR RETAIL TENANTS. - 100SQM SHOP.- GREASE TRAP - IMPRESSIVE FIT OUT BY CURRENT TENANT.- 3 CAR PARKING SPACE ALLOCATED ON STRATA. - EASY ASSET MANAGEMENT- LOW OUTGOINGSLEASE:- NET INCOME YEAR 1 (2015) = $40,945P.A- FIXED ANNUAL INCREASES AT 4%- 5 YEAR LEASE COMMENCED 1ST FEBRUARY 2015 EXPIRING 31ST JANUARY 2020- ESTABLISHED AND PROVEN TRADER.PRICE:$530,000 RETURNING 8% NET P.A AFTER DEPRECIATION ALLOWANCES. FOR MORE INFORMATION OR INSPECTION CONTACT CHRIS TOWERS OR JAMES FRANCIS.CHRIS TOWERS : 0414 298 292
Property History for 10-16 Brisbane St, Murwillumbah, NSW 2484
- 27 Apr 2015Listed for Sale $530,000
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0About 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 4,148 properties. Over the last 5 years, Houses in Murwillumbah have seen a 48.09% increase in median value, while Units have seen a 28.41% increase. As at 30 April 2026:
- The median value for Houses in Murwillumbah is $927,376 while the median value for Units is $469,851.
- Houses have a median rent of $790 while Units have a median rent of $480.
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