Two Residential homes on the one land title.

This property is a rare find, consisting of two separate houses which are both currently rented and returning a gross income yield of over 6% making it a great addition to any rental portfolio.

Zoned R2 - low density residential.

Whether you are looking for a property to:
1. accommodate your family and extended family or,
2. you are looking for a house to live in whilst able to rent out the second house to earn income or,
3. you are an investor and looking to maintain them as rentals with a gross income yield of over 6%,
it will be hard to find a property that can offer any of these options at this price point in the Tweed Shire.

Located on Tweed Valley Way only 1.5 km from Murwillumbah CBD with the very popular Northern Rivers Rail Trial on its back step and accessible from the property making this perfect for the cycling enthusiasts.

Property particulars:
House one:
Upstairs:
• 4 Bedrooms Built-ins and new ceiling fans.
• Large air-conditioned lounge room which opens onto front verandah with views to Mt Warning.
• Bathroom and separate toilet.
• Combined Kitchen and dining area opening on to a sunroom which has access to a rear covered verandah.
• New fans though out.
• Has a concrete slap between the two floors so very solid construction that also buffers noise between the two levels.

Downstairs:
• 95m2 space (ideal for a studio, rumpus room/games room). This space currently is not used by the current tenant
• Double Garage
• Toilet and Shower

House 2:
Original cottage
Upstairs has just has a make over with bathroom completely renovated, new flooring and re painted throughout
• 2 Bedrooms , both open on to a sunroom/sleepout.
• Open plan Kitchen/Living area.
• Bathroom with separate toilet.
• Entrance room/sunroom.
• 21m2 Verandah
• Single garage
• Lockup storage area under house.

Contact Craig for further information on this property or to book a viewing.
All viewing are by appointment only.

Disclaimer
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to our office by third parties. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.

Explore the area

School catchments

St Joseph's Primary School Primary K-6 Catholic 0.66km
The Small School Combined K-10 Independent 1.0km
Murwillumbah High School Secondary 7-12 Government 1.1km
Murwillumbah Public School Primary K-6 Government 1.3km
Sathya Sai College Primary K-12 Independent 1.3km
Mount St Patrick Primary School Primary K-6 Catholic 1.4km
Mount St Patrick College Secondary 7-12 Catholic 1.5km
Murwillumbah East Public School Primary K-6 Government 1.9km
Tweed Valley Adventist College Combined K-12 Independent 2.9km
Wollumbin High School Secondary 7-12 Government 3.8km
Condong Public School Primary K-6 Government 4.5km
Dungay Public School Primary K-6 Government 5.6km
Sathya Sai College Secondary Campus, Dungay Secondary Independent 5.8km
Stokers Siding Public School Primary K-6 Government 6.3km
Crystal Creek Public School Primary K-6 Government 7.9km
Bhaktivedanta Swami Gurukula School Combined K-12 Independent 8.0km
Tumbulgum Public School Primary K-6 Government 9.3km
Uki Public School Primary K-6 Government 10.8km
Carool Public School Primary Government 12.3km
Lindisfarne Anglican Grammar School Combined K-12 Independent 15.4km
Banora Point High School Secondary 7-12 Government 18.2km
Kingscliff High School Secondary 7-12 Government 18.3km
Aetaomah School Combined K-7 Independent 18.7km
St Joseph's College Secondary 7-12 Catholic 19.4km
Pacific Coast Christian School Combined K-12 Independent 19.6km
Pacific Online Christian School Secondary Independent 19.6km
Tweed River High School Secondary 7-12 Government 20.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.