Invest or Live in ... One or Both

Lot 2, 44 Riverview Street, Murwillumbah, 2484

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449,000 AUDEst. Mortgage: AUD 3,155/monthFor Sale
  • Ownership Type Residential Land
  • Property Area 648 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Here's a rare investment opportunity to make your money work for you.

This site carries full D.A. approval with slabs down and services in place (power, NBN & water to slab edge) for (2) separate (detached) 3 bedroom, 2 bathroom homes with double garaging and plenty of storage.

All contributions have been paid and the Construction Certificate issued.

The site is ideally positioned within easy reach of town centre shops, primary & secondary schools, sporting fields and parkland and has two street access from Riveriew Street and Nullum Lane.

Option 1. Live in one and rent the other. Rental return for each home estimated at $520pw.

Option 2. Rent both. Income $1040 per week. Benefits will include full depreciation schedule deductions and low maintenance factors.

Option3. Live in both. Great for extended family (mature aged parents) or 2 families wanting to get into their own homes.

Features of the approved plans for these comfortable homes include:
* 3 bedrooms, all with robes
* Ensuite and walk-in robe to main bedroom
* Family bathroom has shower and separate bath
* Separate toilet
* Open plan living with covered outdoor verandah
* Double garage with internal access to upper level
* Laundry downstairs
* Abundant storage space on slab on ground level
* Courtyards for both homes

Location on Google Map

Lot 2, 44 Riverview Street, Murwillumbah, 2484

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