Towers Francis Property is pleased to present 13/195-197 Lundberg Drive, South Murwillumbah for sale by Private Treaty - a securely leased industrial investment occupying a prominent corner position.The property is leased to Herb Haus Pty Ltd, trading as Happy Herb Co, an established Australian herbal retailer, manufacturer and wholesaler operating since 1996. With a national retail, online and wholesale presence, Happy Herb Co has operated from South Murwillumbah for more than five years and has recently committed to a new lease commencing 1 August 2026, providing investors with secure long-term income from an established tenant.Property Features:- 570 sqm net lettable area.- 212 sqm ground floor area.- 250 sqm of suspended slab, fully fitted out office mezzanine.- 108 sqm office/storage mezzanine. - 5 car parking spaces.- 40kw solar system with 2 inverters and a Tesla battery.- Recently built in 2021.- 5-meter-high electric roller door.- Airconditioned throughout.- Front unit with high exposure.- Corner site with great access.Investment Highlights:- Secure lease to a quality covenant.- Net return of $125,400 per annum + GST.- New 5-year lease commenced 01/08/2026 with 3 x 5 year options.For further information and to gain access to the data room, please don't hesitate to contact the exclusive selling agents at Towers Francis Property
The size of South Murwillumbah is approximately 11.3 square kilometres. There are 4 parks, covering nearly 0.4% of the total area. The population of South Murwillumbah in 2016 was 1114 people. By 2021 the population was 1064 showing a population decline of 4.5% in the area during that time. The predominant age group in South Murwillumbah is 50-59 years. Households in South Murwillumbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Murwillumbah work in a trades occupation.In 2021, 71.10% of the homes in South Murwillumbah were owner-occupied compared with 63.60% in 2016.
South Murwillumbah has 920 properties. Over the last 5 years, Houses in South Murwillumbah have seen a 40.94% increase in median value, while Units have seen a 77.56% increase. As at 31 July 2026:
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