416 Tweed Valley Way, South Murwillumbah NSW 2484

A rare opportunity to own a property comprising of two dwellings connected by a carport. If an investor you have two complete homes to rent separately or live in one and rent the other.
Likewise a share investment , do you know someone wanting to buy a house but neither of you can afford individually , why not pull your resources together and co-own.

There may be the possibility to strata the property (Subject to Council approval), and on sell one home.

The main dwelling is a four bedroom house upstairs with a 95m2 space downstairs which was formally a takeaway shop (best known as the Duck Inn), the shop still has a large extraction fan, grease trap, stainless bench and the gas fittings should you decide to pursue the commercial option or reconfigure the area to meet your family needs.
Then there is the original 2 bedroom cottage which has just had a face lift and has been completely renovated with a complete repaint inside , new flooring thought out and the bathroom completely updated, There is a massive enclosed area under the home so whether storage or a teenager hangout the possibilities are many.

Located on Tweed Valley Way between Murwillumbah CBD and the Tweed Regional Gallery and Margaret Olley Art Centre and backs directly onto the very popular Northern Rivers Rail Trial, so perfect for the cycling enthusiasts.
There lies an opportunity for the investor to take advantage in the increase in tourism to turn these spaces into accommodation as there is a shortfall of accommodation whether it be long term or short term.

The property has been rented under both commercial and residential leases in the past and with the main house still currently rented as a residence.

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 with 17.5m2 rear balcony (formerly a takeaway Shop), there is a large exhaust installed and gas fittings and fixtures
• Double Garage
• Toilet and Shower
• There is also installed a Grease trap for the retail space.

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 agent to book an inspection and see the potential for yourself or come along to one of the open homes as advertised.


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.