66 Murwillumbah Street,
Murwillumbah, NSW 2484
Shops & Retail • Offices • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map of 66 Murwillumbah Street
MAIN STREET FREEHOLD BUILDING WITH EXCELLENT YIELD UPSIDE
This building is positioned in arguably the best retail position in the Murwillumbah CBD. The offering represents a clear and present opportunity to acquire the most striking building with huge revenue earning potential once fully let.
The hard part is done - the first floor is fully let! all that remains for the astute investor is to secure a ground floor tenancy at market rents to earn a projected 8.5% plus net return.
Motivated vendors, instructions are clear this must be sold and all reasonable offers will be considered.
INVESTMENT DETAIL:
- Current net return on first floor = $37,645 per annum + outs + GST
- Ground floor vacant 345sqm approx - conservative leasing rate $200psm ($69,000p.a)
FEATURES:
- Good quality well maintained freehold building constructed in 1997.
- 650sqm NLA over two levels approx.
- Dual street frontages with access from front and rear.
- 3 parking spaces at rear.
PRICE:
UNDER CONTRACT
For more information contact Towers Francis Property.
The hard part is done - the first floor is fully let! all that remains for the astute investor is to secure a ground floor tenancy at market rents to earn a projected 8.5% plus net return.
Motivated vendors, instructions are clear this must be sold and all reasonable offers will be considered.
INVESTMENT DETAIL:
- Current net return on first floor = $37,645 per annum + outs + GST
- Ground floor vacant 345sqm approx - conservative leasing rate $200psm ($69,000p.a)
FEATURES:
- Good quality well maintained freehold building constructed in 1997.
- 650sqm NLA over two levels approx.
- Dual street frontages with access from front and rear.
- 3 parking spaces at rear.
PRICE:
UNDER CONTRACT
For more information contact Towers Francis Property.
Property ID: 503725070Last Updated: 3 Jun 2021
66 Murwillumbah Street
Murwillumbah, NSW 2484
Towers Francis Property - TWEED HEADS SOUTHSuite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486
TWEED HEADS SOUTH, NSW 2486
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
