SoldNov 5, 2025

32 Riveroak Drive, Murwillumbah, NSW, 2484

$1,112,500

4
3
2
361 m²
1103 m²

House

30+ days on the market

Sold: Nov 5, 2025

What's around 32 Riveroak Drive

DUAL OPPORTUNITY: FAMILY HOME OR SMART INVESTMENT

LIVE IN IT OR LEASE IT - THE CHOICE IS YOURS Currently tenanted at $940/week until November 2025, this versatile property offers two distinct pathways: continue as a high-yielding investment or move in and create your family legacy in one of Murwillumbah's desirable estates. __________________________________________ FOR THE FAMILY BUYER Your Forever Home Awaits. Picture yourself on the elevated balcony, morning coffee in hand, watching the sunrise paint the mountains while the kids play safely in the fully-fenced backyard below. This isn't just a house - it's where your family story unfolds. Space That Grows With You: • Four generous bedrooms including master retreat with walk-in robe and spa ensuite • Open-plan living flows seamlessly from kitchen to dining to that stunning mountain-view balcony • Teenage retreat downstairs - separate living area, kitchenette, bedroom and bathroom perfect for older kids or visiting grandparents • Large yard with rear access • Double garage plus driveway parking - no more street parking battles The Lifestyle Location: • Weekend adventures: Northern Rivers Rail Trail on your doorstep, nearest beaches approximately 20 minutes away • Growing up here: Safe streets, established families, community events that create lasting memories Why Hundred Hills: This isn't just any suburb - it's where Murwillumbah families aspire to live. Established homes, tree-lined streets, and that small-town community feel while still being minutes from everything. ________________________________________ FOR THE INVESTOR The Numbers That Matter • Current Return: $940 per week ($48,880 annually) • Rental Yield: 4.3% in today's market • Lease Security: Quality tenant, lease until November 2025 • Growth Drivers: Gold Coast proximity, hospital precinct development, infrastructure investment Why This Property Outperforms: • Dual living configuration = premium rental potential to multi-generational families • Hundred Hills address = attracts quality, long-term tenants • Low maintenance brick/tile = minimal ongoing costs • Established location = strong capital growth history Market Position: Murwillumbah is experiencing unprecedented growth. The new Tweed Valley Hospital, improved Gold Coast connectivity, and lifestyle migration are driving both rental demand and capital appreciation. Properties offering this level of flexibility and location are becoming harder to find. Investment Fundamentals: • No body corporate fees (freehold title) • Solar panels reduce tenant electricity costs (happy tenants stay longer) • Council rates: approx. $3,000/year • Land component: Large block with development potential for pool or granny flat (STCA) ________________________________________ PROPERTY SPECIFICATIONS ACCOMMODATION: • Upper Level: 3 bedrooms (master with WIR/ensuite), main bathroom, open-plan living/dining/kitchen, balcony • Lower Level: 1 bedroom with BIR, bathroom/laundry, kitchenette, large rumpus/entertaining area • Garage: Double lock-up with internal access • Storage: Multiple areas plus under house storage QUALITY FEATURES: • Construction: Brick veneer, Colorbond roof • Climate Control: Air conditioning, fire place, ceiling fans • Outdoor: North-facing backyard, covered entertaining, established gardens ________________________________________ YOUR NEXT STEP For Families: Arrange your private inspection and imagine your life unfolding in this special home. The current tenancy provides time to plan your move while the property generates income. For Investors: Review the rental history, inspect the property's condition, and secure this rare combination of yield and growth potential in a ideal location. Inspection: By appointment only (tenanted property) Don't let this dual opportunity pass - properties offering this flexibility in Hundred Hills are rarely available. Disclaimer: All information (including but not limited to the property area, floor size, price, address, distances and time travel time and general property description) is provided as a convenience to you, and has been provided to First National Real Estate Murwillumbah by third parties. Information should not be relied upon and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.

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