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41-43 Commercial Rd 1,539 SF Office/Retail Condo Unit Offered at $246,190 in Murwillumbah, NSW 2484
Investment Highlights
- Corner commercial building at King Street and Commercial Road
- Communal kitchen and bathroom facilities
- Ramp access and accessibility features
- Large covered car park area under the building
Executive Summary
41–43 Commercial Road is a 2 storey commercial property located on a corner site within Murwillumbah’s central business area. The building occupies a prominent position at the intersection of Commercial Road and King Street and provides multiple retail and professional service strata units. The property includes a covered car park area under the building as well as communal kitchen and bathroom facilities. The building supports multiple tenancies and provides internal access between the car park and tenant areas.
Property Facts
| Total Building Size | 8,428 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,766 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.30 AC |
| Building Class | C |
| Total Building Size | 8,428 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 2,766 SF |
| Lot Size | 0.30 AC |
Amenities
- Corner Lot
- Air Conditioning
1 Unit Available
Unit 12
| Unit Size | 1,539 SF | Cap Rate | 4.31% |
| Price | $246,190 | NOI | $10,615.82 |
| Price Per SF | $159.97 | No. Parking Spaces | 4 |
| Condo Use | Office/Retail | Sale Conditions | Build to Suit |
| Sale Type | Investment |
| Unit Size | 1,539 SF |
| Price | $246,190 |
| Price Per SF | $159.97 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 4.31% |
| NOI | $10,615.82 |
| No. Parking Spaces | 4 |
| Sale Conditions | Build to Suit |
Description
Unit 12 is a commercial strata unit located within a long-established corner building at the intersection of King Street and Commercial Road in Murwillumbah. The unit provides approximately 143 m² of internal tenant floor space and forms part of a larger building with shared facilities.
The unit is currently configured into three separate tenancies, with two tenants in place and one tenancy recently vacated. Shared amenities include a communal kitchen, with toilets located one level below. Internal staff and tenant access is available from the car park.
Accessibility features include ramp access and suitability for users with mobility requirements. On-street parking is available in the immediate area, supported by good traffic flow through the surrounding streets.
Sale Notes
Currently divided into three separate tenancies
- Tenant A – Unit 8: $219.25/week (recently vacated)
- Tenant B – Unit 5: $150/week | Lease ends 30/11/2025 (smallest tenancy) resuming in Feb 2026
- Tenant C – Unit 6: $200/week
Total Annual Outgoings: $14,206.46
Breakdown:
-Tweed Shire Council Rates: $3,004.75
-Strata Levies (SP 22742):
– Admin Fund: $9,427.61
– Capital Works Fund: $4,778.86
+4 More
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41-43 Commercial Rd
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