An exceptional opportunity to secure a high-performing industrial asset in a strategic location - this property is fully leased to Norco, a nationally recognised and long-established brand, on a 5x5 year lease with a solid annual return of $123,096 net with the tenant paying all outgoings.
Situated on a fully fenced corner block with dual street access via Buchanan Street and Durrington Street, the property features two high-quality concrete tilt panel / Colourbond sheds, designed for efficiency, durability, and minimal maintenance.
Internally, the sheds are Colourbond-clad and insulated, with ducted air-conditioning servicing multiple office spaces, a lunchroom, toilet and shower facilities - ideal for a variety of commercial and industrial uses. The second shed is also plumbed with water and sewerage outlets, further increasing the functionality and future adaptability of the site.
The grounds are neatly presented with landscaped gardens and secure perimeter fencing, creating a clean and professional environment.
The property also benefits from 3-phase power, enhancing its versatility for light manufacturing, warehousing, or distribution.
With Norco as the long-standing tenant since 2004, and now secured on a strong lease structure, this property offers a reliable income stream and long-term growth potential.
Key Investment Highlights:
National tenant: Norco
5x5 year lease in place
Strong $123,096 net return annually - Tenant Paying All Outgoings
2 x Concrete tilt panel / Colourbond Sheds
Dual street access (Buchanan St & Durrington St)
Corner block with excellent exposure
Colourbond & insulated, with ducted air-conditioning
Offices, lunchroom, shower & toilet facilities
3-phase power
Fully fenced with landscaped surrounds
Tenant in place since 2004
This is a rare chance to acquire a blue-chip, set-and-forget investment with a nationally recognised tenant. Secure your future with this standout industrial 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 922 properties. Over the last 5 years, Houses in South Murwillumbah have seen a 45.24% increase in median value, while Units have seen a 78.70% increase. As at 31 May 2026:
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