2-4 Commercial Road, Murwillumbah NSW 2484

Auction

5 parking

RISK AVERSE & NET INCOME $185,195* APPROX

Auction Location: On Site.

- Recently Renovated Commercial Asset
- 100% Tenanted Returning $183,552 + GST
- Rich in History - Landmark Site

Assi Dadon from Real Specialists Commercial in conjunction with Adam Grbcic from Ray White Commercial Collective (Broadbeach) is proud to offer to the market, 2-4 Commercial Road, Murwillumbah. Undoubtedly one of the most iconic buildings and secure investment opportunities to come to market in the Northern NSW Corridor.

Built-in 1923 and anchored by the Southern Cross Credit Union and ETC Recruitment Agency (a leading employment and training agency) this offering presents an opportunity to both savvy investors or part owner occupiers to purchase a recently renovated freehold building which is identified as one of the most significant commercial office buildings in the Murwillumbah CBD.

The corner, freehold lot and waterfront building comprises:
- 653* Square Metre Lot
- Improved with a recently renovated two storey freehold building
- Total net lettable area: 410m2*
- 7 tenancies + signage rights
- 5 at grade parking spaces
- Solar panels

The building is 95% leased and is being sold with a 12-month rental guarantee*, therefore will provide the opportunity for an investor to mitigate their risk and purchase the asset with the following investor drivers:
- 100% leased investment
- Net income: $185,000 + GST (approximately)
- Low outgoings and holding costs

Currently being offered as a Forthcoming Auction, this presents an opportunity for those who recognise the significance and rarity of the offering to purchase the property prior to the full marketing campaign commencing.

Please contact the exclusive marketing agents, Assi Dadon or Adam Grbcic, for a copy of the marketing memorandum and access to the due diligence pack.

(*approx)

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Bocha Sales Pty Ltd ATF the Bocha Trust t/as Ray White Broadbeach trading toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property Details

• Type: Offices, Retail