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23 Charles Street, Murwillumbah, NSW 2484, 8 Bedrooms, 4 Bathrooms, Unit

$1,650,000

23 Charles Street, Murwillumbah, NSW 2484

8
4
4
613m2
UnitListed on Thu Apr 18

Murwillumbah 8 Bedroom Exciting Investment ? Fully Tenanted Immaculate Unit Complex

Presenting an outstanding investment opportunity, this fully tenanted four unit complex occupies a well-maintained 613sqm site less than a 10 minute stroll to Murwillumbah CBD. Featuring 4 x two-bed, one bath units, the current owner has spared no expense in maintaining and updating the property both inside and out over recent years. With all the hard work already done there is nothing that needs to be spent on these immaculate units. With healthy rental yields and positioned in a convenient location, astute investors will immediately recognise the current and long-term value of this unique offering.

Features of the units include:

? Lower level units 1 and 2 have been recently renovated throughout with new kitchens, bathrooms, wiring, plumbing, and new stoves

? Upper level units 3 and 4 are neat and tidy and have also been freshly painted with new light fittings and curtains and new stoves installed 2021

? Polished hardwood floors throughout

Features of the property include:

? Communal laundry with 4 x individual tubs and washing machine spaces, new tub back splashes and plumbing with electrical usage isolated for each unit with control switch in each unit kitchen

? 4 bay rear carport with new zincalume roof and steel box drain

? Recent painting of external building, laundry, and handrails

? New zincalume roof, ridge capping, gutters, and earth wool anticon blanket installed

? Front lawn sitting area

? Newly sealed lower level covered sitting area

? Galvanised steel handrail and balustrade installed on back top landing with safety gate at top of stairs

? New concrete path at entry

? New zincalume mini orb and flashings to all eaves

? Switchboard upgrade May 2020

? New 10-year lithium battery smoke alarms installed in all units

Fantastic tenants in place, all units are currently occupied at $450/wk.

Council Rates - $3,975 per annum

Water Rates - $1,436 per annum

Insurance - $5,246 per annum

Whether you're a seasoned investor or expanding your portfolio, this impressive property is ready for immediate takeover and offers a solid foundation for long-term financial gain in such a high growth Tweed Coastal area.

Call to arrange an inspection today!

Kristie Hoffman 0427328764 ~ Proudly representing the sale of this property.

Disclaimer:

All information contained herein is gathered from sources we believe to be reliable. Elders Tweed Valley and its staff will not be held responsible for any act or omission arising from the accuracy of such material.

We cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$435,000
Land613m²
Planning ZoneLow Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio0.8
Lot Size450 m²
Height of Building9 m
Flood ZoneNo
Sulfate SoilsNo
BushfireVegetation Buffer
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Murwillumbah East Public School
0.32 km
Primary
K-6
Government
icsea: 956
Murwillumbah High School
1.88 km
Secondary
7-12
Government
icsea: 967

Property history

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Murwillumbah surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2 Bruce Lane, Murwillumbah
0.71 km
3
1
-m2
Year 2024 Month 12 Day 04
$715,000
Council approved
84 Tumbulgum Road, Murwillumbah
0.25 km
3
2
-m2
Year 2024 Month 10 Day 08
$1,400,000
Council approved
4 BRUCE LANE, Murwillumbah
0.71 km
3
1
-m2
Year 2024 Month 09 Day 12
$670,000
Council approved
8 STAFFORD ST, South Murwillumbah
0.88 km
3
1
110m2
Year 2024 Month 09 Day 02
$715,000
Council approved
32 GEORGE ST, Murwillumbah
0.18 km
8
4
-m2
Year 2024 Month 08 Day 06
$1,100,000
Council approved

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Ref:71P1193Last update:2024-10-15 14:51:54