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$750K
$125,158
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Try Picki for FREEConfidence
High
High
$775,000
Medium
$750,000
Low
$725,000
Confidence
Not applicable
Explore a unique opportunity to own 577m2 of prime property with commercial use entitlements and a stunning 10m river frontage. Formerly operating as the Starbird café, this location includes multiple alfresco dining areas, a spacious verandah, a modern restroom, and an open-plan kitchen with additional food prep space. Perfectly positioned on the Tweed Valley Way, it draws significant traffic from Murwillumbah and adjacent industrial areas, with easy access to natural attractions and beaches. Now ready for a new chapter, this property offers regional living at its finest, just a 30-minute drive to Gold Coast Airport.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
0%
72.3%
$740K
6%
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Try Picki for FREE$30,000
-$33,286
-
Asking Price
-
Estimated Purchase Price
$720,000
Stamp Duty
$27,135
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$72,000
Reg. Mortgage
$164
LMI Premium
$18,540
Renovation Costs
-
Total Cash/Equity Required
$120,035
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,407
$1,836
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,784
-$6,242
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$47,552
-$49,010
Depreciation
-
-
Tax Offset
-$14,266
-$14,703
Net Cashflow After Tax
-$33,286
-$34,307
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$648,000
$648,000
$153,000
$800,017
