Net Income: $240,098pa + GST
With income coming from (7) shops and an ATM as well as (6) upstairs flats all in on a busy corner opposite the railway station, this property offers strong reliable terms from long standing tenants that service the staple needs of the surrounding community. All this in the lakeside suburb of Dora Creek. The building includes:
* Rear on-site and street front parking
With the staples of life being catered for with strong independent traders this mixed residential and retail development provides a steady and reliable income for the astute investor
The size of Dora Creek is approximately 10.3 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Dora Creek in 2011 was 1,670 people. By 2016 the population was 1,634 showing a population decline of 2.2% in the area during that time. The predominant age group in Dora Creek is 50-59 years. Households in Dora Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dora Creek work in a professional occupation. In 2011, 74.4% of the homes in Dora Creek were owner-occupied compared with 73.5% in 2016.
Dora Creek has 976 properties. Over the last 5 years, Houses in Dora Creek have seen a 70.46% increase in median value, while Units have seen a 49.93% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.