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3 Church Lane, Murwillumbah, NSW 2484, 12 Bedrooms, 6 Bathrooms, Unit
Mon Jan 6 16:00-16:15

$1,895,000!

3 Church Lane, Murwillumbah, NSW 2484

12
6
6
461m2
UnitListed on Wed Sep 11
Price drop

Murwillumbah 12 Bedroom Rare opportunity to secure this unique block of Units positioned right in the heart of vibrant Murwillumbah

Presenting an exceptional investment opportunity: a block of 6 x 2-bedroom units in the heart of Murwillumbah's CBD. This solid brick construction is elevated, offering fabulous views and flood-free positioning, with convenient undercover parking for each unit. All units are fully tenanted with long-term, reliable tenants, and have been immaculately maintained, requiring no further work.

With strong rental yields and a location that offers both immediate convenience and long-term growth potential, this property is a rare find for astute investors. Situated just above the main street, it provides easy walking access to all of Murwillumbah's amenities, making it a highly desirable living location.

Features:

- Each unit features brand new air conditioning in the main bedrooms.

- Units 3 and 6 have larger laundry areas

- Polished hardwood floors run throughout all units

- Built in robes in all bedrooms

- The property includes a 6-bay undercover parking area for convenience.

- A communal entertaining space offers breathtaking views of the town, Mt. Warning, and surrounding mountain ranges.

- Unit 1 currently leased at $380.00 per week

- Unit 2 currently leased at $380.00 per week

- Unit 3 currently leased at $400.00 per week

- Unit 4 currently leased at $390.00 per week

- Unit 5 currently leased at $390.00 per week

- Unit 6 currently leased at $410.00 per week

- Total rental income - $2350 per week

- Council Rates - $4,572 per annum

- Insurance - $3,498 per annum

- Water Rates - $316 last quarter

Located in the vibrant township of Murwillumbah, you'll also be at the gateway to the beautiful Northern Rivers region, known for its natural beauty, artistic community, and laid-back lifestyle. With its stunning landscapes, world-class dining, and proximity to both the coast and hinterland, this area offers a truly unique lifestyle and investment opportunity.

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 area.

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

Open homes

Jan06
Monday05:00 - 05:15

Estimate

Council Data

Last update : 2024 11 30
Land value$508,000
Land462m²
Planning ZoneMedium Density Residential
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio1.2
Height of Building12.2 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Murwillumbah East Public School
0.89 km
Primary
K-6
Government
icsea: 956
Murwillumbah High School
1.23 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
0.04 km
3
1
-m2
Year 2024 Month 12 Day 04
$715,000
Council approved
4 BRUCE LANE, Murwillumbah
0.04 km
3
1
-m2
Year 2024 Month 09 Day 12
$670,000
Council approved
8 STAFFORD ST, South Murwillumbah
0.54 km
3
1
110m2
Year 2024 Month 09 Day 02
$715,000
Council approved
67 COMMERCIAL RD, Murwillumbah
0.62 km
3
2
-m2
Year 2024 Month 08 Day 19
$905,000
Council approved
12 CONDONG ST, Murwillumbah
0.68 km
3
2
-m2
Year 2024 Month 08 Day 14
$765,000
Council approved

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