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66 Murwillumbah Street Murwillumbah NSW 2484

  • Shop & Retail
  • 650 m²
  • For Sale, $1,200,000 - high yield upside.

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:

    $1,200,000 negotiable.

    For more information contact Towers Francis Property.

    Property Highlights

    Property ID2016700681
    Floor Area650 m²
    Land Area474 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  16 Dec 2020
    Map for 66 Murwillumbah Street Murwillumbah NSW 2484
    Map for 66 Murwillumbah Street Murwillumbah NSW 248466 Murwillumbah Street Murwillumbah NSW 2484
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016700681
    Floor Area650 m²
    Land Area474 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  16 Dec 2020
    Towers Francis Property
    Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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