2/10-16 Brisbane Street,
Murwillumbah, NSW 2484
Shops & Retail
Key property information
Floor area
Sold on
Map of 2/10-16 Brisbane Street
SOLD BY THE COMMERCIAL TEAM AT DJ STRINGER PROPERTY SERVICES
TUCK INTO THIS PRIME INVESTMENT - NET RETURN $40,945 P.A
Here on offer this main street strata retail investment located with prime pole position directly across from Sunny Side Mall.
This investment offers a strong tenure from the lessee of over 5 years who has just renewed the option for a further 5 years.
FEATURES:
- Prime Main Street position in the centre of vibrant Murwillumbah.
- Popular location for retail tenants.
- 100sqm shop.
- Grease trap
- Impressive fit out by current tenant.
- 3 car parking space allocated on strata.
- Easy asset management
- Low outgoings
LEASE:
- Net income year 1 (2015) = $40,945p.a
- Fixed annual increases at 4%
- 5 year lease commenced 1st February 2015 expiring 31st January 2020
- Established and proven trader.
PRICE:
$530,000
Returning 8% net P.A after depreciation allowances.
Here on offer this main street strata retail investment located with prime pole position directly across from Sunny Side Mall.
This investment offers a strong tenure from the lessee of over 5 years who has just renewed the option for a further 5 years.
FEATURES:
- Prime Main Street position in the centre of vibrant Murwillumbah.
- Popular location for retail tenants.
- 100sqm shop.
- Grease trap
- Impressive fit out by current tenant.
- 3 car parking space allocated on strata.
- Easy asset management
- Low outgoings
LEASE:
- Net income year 1 (2015) = $40,945p.a
- Fixed annual increases at 4%
- 5 year lease commenced 1st February 2015 expiring 31st January 2020
- Established and proven trader.
PRICE:
$530,000
Returning 8% net P.A after depreciation allowances.
Additional information
External websites
Murwillumbah, 2484 demographic data
The median household income for Murwillumbah is $1,147, 20% lower than Regional New South Wales's household income of $1,434. Murwillumbah has an older age profile compared to the rest of Regional New South Wales (median age 46 vs 43). Property ownership data shows 46% of property owners in Murwillumbah have a mortgage.
7,616
Population
$1,147 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
04181507...
2/10-16 Brisbane Street
Murwillumbah, NSW 2484
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