9/40 Lakes Cres, Marrara is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a floor size of 96m2.
Don't miss this investment opportunity - Units in this complex do not come to the market very often. It is tenanted until June next year and showing fairly good returns.
The unit is 2 bedrooms and 1 bathroom. It is in good condition throughout and does not need any money spent on it. Sit back and relax on the rear verandah overlooking the golf course with a cool drink after work. For the golf clubs and fishing gear there is a garden shed in the back yard.
The owner now lives interstate and has now decided to sell.
The size of Marrara is approximately 3.2 square kilometres. It has 8 parks covering nearly 58.8% of total area. The population of Marrara in 2011 was 1,444 people. By 2016 the population was 1,552 showing a population growth of 7.5% in the area during that time. The predominant age group in Marrara is 50-59 years. Households in Marrara are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrara work in a clerical occupation. In 2011, 63.7% of the homes in Marrara were owner-occupied compared with 62.9% in 2016.
Marrara has 576 properties. Over the last 5 years, Houses in Marrara have seen a 34.67% increase in median value, while Units have seen a 31.14% increase. As at 31 October 2024:
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