3/10-16 Brisbane StreetMurwillumbah NSW 2484
Property Details for 3/10-16 Brisbane St, Murwillumbah
Last Listing description (May 2022)
This investment is securely leased by the corporate Subway entity. Subway have been trading from this location for over 15 years with excellent track record. There is 5 years to run on a 7 year lease with three (3) x 7 year options.
This property is located on the prime corner intersection of the main road of Murwillumbah. The property is subject to high pedestrian traffic and enjoys excellent exposure directly opposite Sunnyside Mall.
INVESTMENT DETAIL:
- Net return $50,890 per annum
- Outgoings 100% paid by the lessee.
- 7 year lease expiring 1st September 2027
FEATURES:
- 106sqm NLA
- Long standing A grade tenant with outstanding credentials.
- Modern building in excellent condition.
- High end Subway Restaurant fit out.
- Prime corner position.
- 2 exclusive use parking spaces.
PRICE:
$865,000 - 5.88% net return
This high quality investment will not last long, for more information contact exclusive selling agents Towers Francis Property
Property History for 3/10-16 Brisbane St, Murwillumbah, NSW 2484
- 24 Mar 2022Sold for $855,000
- 05 Nov 2020Sold for $750,000
- 29 Aug 2019Sold for $690,000
Recent sales nearby
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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 4,143 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.
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