A historically-rich investment opportunity at 2-4 Commercial Road, Murwillumbah will be brought to auction through REAL Specialists Commercial's Assi Dadon, in conjunction with Adam Grbcic from Ray White Commercial Collective (Broadbeach).
One of the most historically significant buildings in north-eastern NSW town of Murwillumbah is set to go under the hammer.
Built-in 1923 and anchored by the Southern Cross Credit Union and ETC Recruitment Agency, 2-4 Commercial Road, Murwillumbah presents an opportunity to both savvy investors or part owner-occupiers to purchase a recently renovated freehold building with low outgoings and holding costs.
At a glance:
The corner freehold lot and waterfront building comprises a 653 square metre lot, and a recently renovated two-storey freehold building with a total net lettable area of 410 square metres.
Source: REAL Specialists Commercial
There are room seven tenancies, with the site also coming with five parking spaces and solar panels.
The building is 95 per cent leased and is being sold with a 12-month rental guarantee*, allowing the opportunity for an investor to mitigate their risk and purchase the asset with a 100-per-cent-leased investment, of which the net income is $185,000 + GST (approximately).
For more information, contact Assi Dadon or Adam Grbcic via the details below.
*approximately
Click here to view the listing.
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