Positioned on bustling Wollumbin Street, this standout commercial property offers exceptional visibility, dual income potential, and a prime location in the heart of Murwillumbah's business district.
Set on a sprawling 1,194m² block, the property features two separate 275m² buildings, both constructed from solid concrete with a durable metal roof. Extensive recent upgrades include a brand-new roof, gutters, and downpipes (over $200,000 invested), fresh paintwork, and a new suspended ceiling with modern lighting. The property is also equipped with a grease trap, adding further versatility for potential tenants.
One building is leased on a secure 5x5-year agreement, returning $62,253 inc. GST per annum, while the second is vacant and ready for immediate occupancy or lease-offering strong potential for an owner-occupier or additional rental income.
With 16 on-site car parks, rear lane access, and a high-exposure position, this property is ideal for businesses seeking visibility and accessibility. Whether you're an investor looking for a high-yield opportunity or a business owner searching for the perfect commercial space, this is an opportunity not to be missed.
Enquire today to arrange an inspection.
Features
1194 sqm approx.
Land Size
$62,253 Yearly Actual
Rental Return
16
Car Spaces
New Construction
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