25 Prince Street Murwillumbah NSW 2484

Opposite primary school | 369m² flat block | 2-bed weatherboard | stable owner-occupied street This property offers a rare combination of a 369m² flat block and a renovated interior behind a weatherboard façade, directly opposite Murwillumbah Public School. For a buyer seeking a low-maintenance house in a stable, owner-occupied street with 80% ownership, the configuration is competitively strong. The short walk to Knox Park and town centre adds everyday convenience, and the school proximity anchors demand from families. It best suits an owner-occupier or an investor targeting long-term rental stability in a market where 2-bedroom houses have a median of $816,250 and average 63 days on market. The key risk is the $91,000 gap between the asking price and estimated value, which may reflect renovation premium or market timing. The 2007 sale price of $289,000 underscores significant appreciation, but current local sales volume—14 this year—is thin, limiting comparables. An opportunity exists to negotiate toward the estimated value, especially given the 3-day listing window and appointment-only inspections. Holding this property as a long-term owner-occupied home or stable rental in a tight supply area is the logical use.