Real Estate FROM COAST TO COUNTRY
Historical Murwillumbah medical centre sells Rivers because number one, we have quite a bit of experience through there, and two, it's seen as A HISTORIC Queenslander in the a very strong market with how many centre of Murwillumbah has sold for people are getting priced out of the nearly $2 million to a doctor who Gold Coast. intends to renovate the building, "The reason housing prices are keeping its historic charm intact, and so high is that everyone is moving continuing to use it as a medical from Victoria and NSW and there facility. is definitely a flow-on effect in the Owners Dr Ian Kettle and Dr David Northern Rivers. Snedden hoped to find a general "The reason residential outpaces practitioner to take over when they the speed at which the commercial retired from the Wollumbin Street 36 Wollumbin Street Murwillumbah market grows is that everyone needs Medical Centre at 126 Wollumbin Street (next to Sunnyside Mall) The property, which is also home the charm of the whole place intact, a house to live in but not everyone needs a premises to run a business." in August and now it seems their to Aura Gardens Nursery, was sold but in regard to internally really Louis says that business owners prayers have been answered. speccy it up nicely so it's the staple to a Gold Coast GP who runs a are looking to this area because The Queenslander was built medical facility in the centre of medical centre in Kyogle and also the catchment has increased with around 1900, and has been a town." works out of a medical facility at population growth so there is more medical facility for almost 120 Reedy Creek. Commercial market boom opportunity to grow a business. years, with the two doctors taking it "He was driving past there every "We have been appointed by "It's a fantastic area and we've over 35 years ago. day to work in Kyogle and it was Colliers for that market exclusively had a lot of luck transacting quite a "David and Ian told us that they always a very busy little facility and because it's being seen as a very very few very big properties and projects wanted it sold because it was the a nice historic building," Louis said. strong growth area for commercial through the area," he said. only thing that was holding them "He's a very well established real estate and that's including Tweed "It's definitely going to continue back from fully retiring," Colliers physician and he saw the vision of Heads, Byron, Lennox Heads and as a very strong market moving Northern Rivers executive Louis the property and saw that it has a lot Bangalow," Louis said. forward. Young said. of potential. "Colliers are probably the largest "There is a significant opportunity "We brought it to auction and it "He's planning on doing quite commercial real estate agents in for anyone who owns commercial didn't sell on the day but we worked a few significant renovations to Australia. property to look at letting it go. with a few interested parties after "They originally bought myself and There are people looking at buying that to put a deal together. It ended the building, keeping the original up selling for $1.925 million." commercial property that are structure very similar and keeping Kye Ward to service the Northern
By Jo Kennett
Open Homes All times are DST unless specified.
Saturday, November 30 JET Real Estate
• 2 James Street, Murwillumbah 9.30 – 10am • 184 Stokers Siding Road, Stokers Siding 11 – 11.30 am • 303 Crabbes Creek Road, Crabbes Creek 12 – 12.30pm
DJ Stringer Property Services
• 34 Lloyd St, Tweed Heads South 9–9:30am • 75 Gilward Drv, Mudgeeraba 9–9:30am Qld Time • 5/17 Endeavour Pde, Tweed Heads 9–9:30am • 40 Korina Ave, Coolangatta 9 –9:45am Qld Time • 15/3 Clancy Crt, Tugun 9–9:45am Qld Time • 12/28 Coolangatta Rd, Kirra 10–1:0:30am Qld Time • 15/955 Gold Coast Hwy, Palm Beach 10–10:30am Qld Time • 5 Pimpala Crt, Tugun 11–11:30am Qld Time
• 27 Oakland Pde, Banora Point 11:15–12pm • 2/98 McLean St, Coolangatta 12– 12:30pm Qld Time • 4/14 Lorikeet Dr, Tweed Heads South 12–12:30pm • 35 Navigators Way, Tweed Heads 12:30–1pm • 1/305 Golden Four Drv, Bilinga 12:30–1pm Qld Time • 8/10 Tweed St, Coolangatta 1–1:30pm Qld Time • 33/74 Greenway Drv, Banora Point 1:30–2pm • 4/74 Greenway Drv, Banora Point 1:30–2pm • 35 Tweed Valley Way, Sth Murwillumbah 2:45–3:15pm
Tate Brownlee Real Estate
• 8 Yarra Close, Banora Point, 9-9.30am • 49 Parkes Lane, Terranora, 9.45-10.15am • 23/14 Lorikeet Drive. Tweed Heads South, 10– 10.30am • 3 Parkes Lane, Terranora, 10.15– 10.45am • 10 Seafarer Place, Banora Point, 11-11.30am • 19 Laura St, Banora Point, 11-11.30am • 37 Lochlomond Drive, Banora Point, 11 -11.30am • 8 Somerset Ave, Banora Point, 12 – 12.30pm • 29 Glen Ayr Drive, Banora Point, 12-12.30pm • 17 Peppermint Place, Banora Point, 1- 1.30pm • 21/87-111 Greenway Drive. Banora Point, 2-2.30pm
definitely putting the blinders on that Tweed market."
Flood challenges
After the floods in 2021, Tweed Shire Council updated the flood mapping to reflect new flood levels. Louis said that properties in the flood zone suffered, but anything outside the flood zone is skyrocketing. "Residential, commercial, anything that sits outside the flood zone is in demand," he said. "In the Northern Rivers one of the first questions people ask is, ‘Is it flood-affected?’ "Thirty-six Wollumbin Street was in the two to three metres flood zone. That was one of our main challenges to overcome. "They have never had water through the improved property but the land certainly has water through it so that's always a big work around for us. " Thirty-six Wollumbin Street is well and truly on the smaller side of projects we deal with. We deal with projects well and truly over $100 million and Colliers International has a very strong emphasis on being a good real estate agent but having a very strong data-driven basis to assist people in making decisions."
• 11 Roundelay Drive, Varsity Lakes, 3 – 3.30pm
Evergreen Exclusive Estates • 8 West End Street, Murwillumbah 10-10.30am • 3 Edward Street, Bray Park 11-11.45am
McGrath
• 10/41 Tweed Coast Rd Bogangar, 9- 9.30am • 65 Tamarind Ave Bogangar, 9.45 – 10.15am • 14 Chanpagne Drive, Tweed Heads Sth 11-11.30am • 82 Woodfords Road Reserve Creek 1-1.30pm • 32 Surf Street, Kingscliff, 10 – 10.30am • 3 Longboard Crescent, Kingscliff, 11 – 11.30am • 13/25 Saltwater Crescent, Kingscliff,12– 12.30pm • 6 Sandpiper Avenue, Tweed Heads 11.30–12pm • 2114/9 Enid Street, Tweed Heads 10.30 –11am
Schmith Real Estate
• 1 Norlyn Avenue, Ballina, 9-9.30am • 131 Phoenix Drive, Tintenbar, 10-10.30am • 321-323/99 Griffith Street, Coolangatta, 12-12.30pm Qld time • 6 Gladioli Avenue, Terranora, 12-12.30pm
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