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10-16 Brisbane St 1,076 SF Retail Condo Unit Offered at $482,036 in Murwillumbah, NSW 2484
Investment Highlights
- Newly completed refurbishment with polished concrete floors
- Corner-positioned retail investment opposite Sunnyside Shopping Mall
- Rear access with three exclusive car parks
Property Facts
| Total Building Size | 1,076 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,076 SF |
| Property Subtype | Storefront | Lot Size | 0.49 AC |
| Building Class | C |
| Total Building Size | 1,076 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 1,076 SF |
| Lot Size | 0.49 AC |
Amenities
- Corner Lot
- Air Conditioning
1 Unit Available
Unit 5
| Unit Size | 1,076 SF | Cap Rate | 6.96% |
| Price | $482,036 | NOI | $33,528.72 |
| Price Per SF | $447.99 | No. Parking Spaces | 3 |
| Condo Use | Retail | APN/Parcel ID | -28.32577751095952, 153.39574157514195 |
| Sale Type | Investment |
| Unit Size | 1,076 SF |
| Price | $482,036 |
| Price Per SF | $447.99 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.96% |
| NOI | $33,528.72 |
| No. Parking Spaces | 3 |
| APN/Parcel ID | -28.32577751095952, 153.39574157514195 |
Description
This newly refurbished corner retail strata hold a prime position directly opposite Sunnyside Shopping Mall, delivering consistent pedestrian flow and strong main street visibility. The tenancy has been upgraded to a contemporary standard with polished concrete floors, a new suspended ceiling, LED downlights on dimmers, and a brand-new ducted air conditioning system to support comfort and efficiency. Practical improvements include an electric sliding entry, a kitchenette, internal amenities, multiple power points, and grease trap access, enabling a range of service and retail concepts. Rear access and three exclusive car parks add day-to-day convenience for staff and deliveries.
Sale Notes
The asset is underpinned by secure income through a 5-year initial term with a 5-year option, with the current tenant responsible for outgoings. Reported rent of approximately 48,620 dollars per annum provides immediate cash flow with potential for future rental growth supported by the property’s prominent location and contemporary presentation. The strata format offers straightforward ownership and exit flexibility, while the high exposure corner and proximity to national brands across from Sunnyside Mall reinforce long term tenant demand. For investors seeking a set and forget retail holding in a tightly held Northern Rivers township, this property combines durable income, modern specification, and operational ease
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10-16 Brisbane St
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